Question

What is the simple interest on Rs 6250 at 4% p.a. for 6 months?

Answer 1

Step-by-step explanation:

Principal=Rs.6250,SI=4%p.a.,Time=6months=(6/12)=(1/2)years

SI=(P×R×T)/100

=(6250×4×(1/2))/(100)

=6250×4×(1/2)×(1/100)

=(6250×4×1×1)/(2×100)

=(6250×2)/(100)

=(6250/50)

=Rs.125