Question

Rajini has rs 750 in a saving account that pays 3% per annum simple interest . How much interest will she earn in 9 months ?

Answer 1

S.I= P*R*T/ 100
S.I = 750*3*9/100*120
S.I = 16.875

Answer 2

Dear Student,

◆ Answer -

Simple interest = 16.875 ₹

● Explanation -

# Given -

P = Rs 750

r = 3 % p.a.

t = 9 months = 3/4 year

# Solution -

Simple interest is given by formula -

Simple interest = P × r × t

Simple interest = 750 × 3/100 × 3/4

Simple interest = 16.875 ₹

Hence, Rajini will earn 16.875 ₹ interest in 9 months.

Thanks dear. Hope this helps you...