Question

Simple interest on 3,500 at 9% per annum from 15 March to 8 August 2015

Answer 1

Answer:

78.75 rs

Step-by-step explanation:

15 March-8 August= 146 days

Principle=3500 Rs

Rate= 9%p.a

Time= 146 days(5/2 of a year)

Simple interest= (p×t×r)÷100

                        = (3500×5×9)÷(1000×2)

                        = 78.75 rs