Question

S.i.=2557.50,P=6200,T=3 3/4 years​

Answer 1

S. I=2557.50

p=6200

T=3 3/4 years =15/4years=15*12/4=45 months

r=S.I*100/p*T

-->r=25570.50*100/45*6200

= 25575*100/6200*45*10

=2557500/2790000

=0.9%