Question

What quarterly payment will discharge a debt of rs.2280 due in two years at 16% per annum simple interest ?

Answer 1

HEY Buddy.....!! here is ur answer

Given that : Principal = Rs. 2280, Time = 3 months and Rate = 16%

As we know that :
$Simple \: Interest \: = \frac{p \times t\times r}{100} \\ \\ = > S.I. = \frac{2280 \times 3 \times 16}{100 \times 12} \\ \\ = > S.I. = 91.2$

So, the simple Interest of quarterly will be Rs. 91.2

I hope it will be helpful for you....!!

THANK YOU ✌️✌️

Answer 2

Answer:

912

Step-by-step explanation:

Given that : Principal = Rs. 2280, Time = 3 months and Rate = 16%

As we know that :

So, the simple Interest of quarterly will be Rs. 91.2

I hope it will be helpful for you....!!