Question

the simple interest on Rs1300 at rate of 5% per annum for 146 days

Answer 1

Given,
principal = Rs. 1300
rate of interest = 5% per annum
Time = 146 days
= 146/365 days

Answer 2

SOLUTION :-

Principal (P) = Rs 1300

Rate of Interest (R) = 5% per annum

Time (T) = 146 days = $\frac{146}{365}$ days

[ as there are 365 days in a normal year not leap year ]

To be Found :-

Simple Interest (S.I)

We know that,

$S.I = \frac{Principal \times Time \times Rate \:of\: Ineterest }{100}$

$S.I = \frac{1300 \times \frac{146}{365}  \times 5 }{100} \\ \\S.I = 26$

So,

The Simple Interest is Rs 26