The simple interest on Rs.625 at 6 1/2prcent per annum for 2 1/2 years is
Answers
Answered by
8
Step-by-step explanation:
Given: Principal, P = Rs 625
Rate, R = 1/2%
Time, T = 2 1/2 years = 5/2 years
To find: Simple Interest
Solution: Using the formula,
where, SI is interest, P is principal, R is rate and T is time
Placing the values,
[ multiplying 2 and 2 and 100 ]
[ dividing 5 and 400, we get 80 ]
[ dividing 80 and 625, we get 125/16 ]
[ dividing 125 and 16, we get 7.81 ]
Therefore, Interest = Rs 7.81
Answered by
1
Answer:
101.56
Step-by-step explanation:
625×13×5
100×2×2
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