Ragini deposited 2400 rupaye in a bank on 11 January of 2012 and was repaid on 6 June 2012 at the rate of 15/2% find her interest and amount
Answers
Answered by
7
R=15/2 % p.a
P=2400 rupees
Assuming that it is SI(Simple Interest).
Date of deposition- 11th January 2012
Date of repayment- 6th June 2012
As, 2012 is a leap year, so February has 28 days.
No of days=(31-11) + 28 +31+ 30 + 31 +5
=>20+ 28 + 31 +30 + 31 +5
=> 147 days in all
=>147/366 year. (366 days in 1 leap year)
S.I=P * n * R/100
S.I=2400 *147/366 * 15/2 /100
S.I=24 * 147/366 *15/2
S.I=12 * 147/366 *15
S.I=72.295 rupees.
A=P+S.I
A=2400+72.295
A=2472.295 rupees.
Similar questions