Question

The contrast between the S.I. what's more, T.D. on a sure whole of cash

for 6 months at 6% p.a. is Rs. 27. Discover the total.
*plz explain it fully*​

Answer 1

Given:

N= 6 months = 0.5 year

R= 6%

P = 27 ₹

To find:

Simple Interest =?

Step-by-step explanation:

Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

∴$\displaystyle S = \frac{P \times R \times N}{100}$

where

S = simple interest

P = Principle value

R = rate per year

N = time

Put the given values in above eq

$\displaystyle S = \frac{27 \times 6 \times 0.5}{100}$

S = 3.24 ₹