Question

What is the simple interest when P = ₹520, R = 10 paise per 100 rupees p.a. and T = 3 months.
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Answer 1

Answer:

Hint: First of all we will convert the rate 5 paise per rupee per month into rupees per rupee per month. We will convert the paise into rupee by the following conversion;

1 paisa =1100rupee

Then, we will use the formula of simple interest as follows:

S.I=P×R×T

Answer 2

Answer:

13 rupess intrest

Step-by-step explanation:

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