Question

What amount will Reena get by investing ₹4,500 at 4½% per annum for the period from September 8 to November 20 of the year 2015.​

Answer 1

Step-by-step explanation:

P =4500

r =4 1\2 percentage

t =73 days ( u can also calculate it)

=interest = 4500 ×4 1 × 73\100×2×365

= 18

so, 18 is our simple interest

so. therefore amount = interest + p

=4500 +18 =4518

THANK YOU...Hope it is useful