Question

Rs 600 from july12 to december5 at 10%per year

Answer 1

P = Rs.600
T = 1 year
R = 10%
A = P(1+R/100)^n
= 600(1+10/100)^1
= 600×11/10
= 60×11
A = Rs.660

P = Rs.660
T = 4/12= 1/3
R = 10%
SI = PTR/100
= 660×1/3×10÷100
SI = Rs. 220
C.I = Rs.660 - Rs.600
=Rs.60