Question

Rs 1800 at 6% for 73 days

Answer 1

Principle ( P)= 1800

Rate (R) = 6%

Time (T)= 73 days

simple interest ( SI ) = ?

SI = P×R×T / 100

SI = 1800 × 6 × 73/ 100

SI = 18 × 6 × 73

SI = $ 7,884

Hence , the simple interest on rs. 1800 in 73 days at the rate of 6% is Rs. 7,884 .

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