What will be the answer of questions 1 and 2 please tell me in full statement
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(1) s.i (for one yr)= P x R x N / 100
= 25800 x 14 x 1 /100
= 258 x 14
= 3612
s.i for 1 month = 3612 / 12
s.i for 3 months = 3612 x 3 /12
= 903
total s.i = 3612 + 903
= 4515
(2) total period = 42 days
s.i.(for 1 yr) = 5000 x 8 x 1 / 100
= 400
s.i (for 1 month) = 400/12 = 33.33
s.i. ( for 1 day) = 33.33/30 = 1.11
s.i ( for 12 days) = 13.32
total s.i. for 42 days = 33.33+13.32
= 46.65
so 5000 will amount to 5046.65
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