Simple interest for Rs.1000 at 10%interset per annum for 6 month is------
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Answer:
simple Interest is
next time also specify if the I retest is applied annually or monthly
if the interest is applied annually
time =6 months =1/2 year or 0.5 years
simple interest =
if interest is applied monthly
simple Interest is
Answered by
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Step-by-step explanation:
Given :- Principal = Rs 1000
Rate of interest = 10%
Time = 9 months = years
To find :- Simple Interest
Solution :- We will use the formula of SI =
By putting the values,
By cancelling, we get,
10*10*
=> 75
∴ Simple Interest = Rs 75
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