Question

WHAT IS THE SIMPLE INTERESTON AN AMOUNT OF Rs 13,200 FOR 2 MONTHS OF PERIOD AT THE RATE OF 2 PAISE FOR 1 RUPEE ?

Answer 1

Answer:

Answer is Rs. 44

Step-by-step explanation:

$here \: principal \: = 13200 \\ time \: = 2 \div 12 = \frac{1}{6} \\ rate \: of \: interest \: = 2\%$

$simple \: interest \: = 13200 \times \frac{1}{6} \times \frac{2}{100}$

$= 44$

Hope it helps!!