Q. Find the simple interest on rupees 1000 From 2 July to 12 September at 4% per annum
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Answered by
166
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
Now put the values
Answered by
129
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