Question

the simple interest for 15000 for 8 months at 10 % pa is​

Answer 1

Answer:

the simple interest for 15000 for 8 months at 10 % pa is 1000 rupees

Step-by-step explanation:

I = P× R× T

100

I = 15000 × 8 × 10

12 ×100

I= 1000 rupees

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Answer 2

Given: The principal of Rs. 15000 is deposited at 10% pa for 8 months

To find: The simple interest on the principal

Explanation: Principal= 15000

Rate = 10% p.a.

Time= 8 months

But the time in the formula used for calculating simple interest is given in years.

Therefore, we need to change 8 months into years. A year has 12 months.

Therefore, 8 months= 8/12 years

= 2/3 years

Formula for calculating simple interest is:

= P* R* T/100

= (15000*10*2/3) / 100

= 1000

Therefore, the simple interest on principal of Rs 15000 for 8 months is Rs. 1000.