Math, asked by dahrmee, 11 months ago

Rs. 1625 for 2 years 8 months at 7% per annum find simple interest

Answers

Answered by akshadow01

4

Answer:

Simple Interest= Rs. 303.33

Step-by-step explanation:

Principal, P= Rs. 1625

Rate of interest, r= 7p.a.

Time, t= 2 years 8 months = [2+(8/12)] years = 8/3years

S.I.= (P×r×t)/100= (1625×7×(8/3))/100= 303.333

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