Question

What amount will Reena get by investing 4,500 at 4' per annum for
the period from September 8 to November 20 of the year 2015,​

Answer 1

Answer:

p=4500

N =73 days

R = 4%

I=4500x73x4/100x365=Rs 36

Amount=Rs 4536

Answer 2

$\huge \star answer \star$

P = Rs.4500

R = 4% per annum

T = 22 Sep (30-8)

+ 31 Oct

20 Nov

____________

73 day's

$= \frac{73}{365}$

Simple Interest =

$\frac{4500 \times 4 \times 1}{100 \times 5} = rs.36$

Amount = P + Simple Interest

Rs.4500 + 36

= Rs.4536