Question

Q. Find the simple interest on rupees 1000 From 2 July to 12 September at 4% per annum ​

Answer 1

Given:-

•Principal = 1000 rupees

•Time = 2 July to 12 September

•Rate = 4%

To Find:-

•Simple Interest =?

Solution:-

Given,

• P = 1000 rupees
• R =4%
• T=2July to 12 September

Time = 29 days + 31 days + 12 days = 62days=62/365days.

As we know that

$\: \sf \large \: simple \: interest \: = \frac{prt}{100}$

Now put the values

$\: \sf \implies \: simple \: interest = \frac{1000 \times 4 \times 62}{100 \times 365} \\ \\ \: \sf \implies \: simple \: interest = \frac{2480}{365} rupees$

Answer 2

Answer:

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Check the attachment .