Question

s. What Sum of mon money willamount to I 2750 at the rate of 8% per year simple interest in 1 year 3 months?​

Answer 1

1 year 3 months can be written as 15/12

SI= P×R×T/100

(2750×8×15/12)/100

= 275

Amount= SI + Principle

= 2750+275

= 3025