Question

What amount will Reena get by investing? 4500 at 45% per annum
the period from September 8 to November 20 of the year 2015



please show the whole process...​

Answer 1

Answer:

405 rs

Step-by-step explanation:

as you know the formula for simple interest is PRT/100

here the time is given in days between 8 sept and 20 Nov

which is 73 days

here we'll have to take 365 in denominator cause the time given is in days

so let's start

4500×45×73 /100×365

it gives us the answer as 405 rs