Question

what will be the simple interest earned on amount of rupees 16800 in 9 months at the rate of 6 and 1 by 4% per annum​

Answer 1

Answer:

SI = p*r*t/100

=16800*4*9/12/100

=504 rupees

Answer 2

Answer:

The simple interest earned on  amount of Rs.16800 will be equal to rupees 787.5.

Step-by-step explanation:

Given, the principal = Rs.16800

The rate per annum  $=6\frac{1}{4}\% = \frac{25}{4}\%$

The time = 9 months = 3/4 years

We use the formula to calculate the simple interest:-

Simple interest  $=\frac{P\times R\times T}{100}$

                          $=\frac{16800\times (25/4)\times (3/4)}{100}$

                          $=787.5$

Therefore, the simple interest will be equal to rupees 787.5.  

Simple interest is a process to determine the amount of interest charged on a sum at a specific rate and for a definite period of time. In simple interest, the principal amount will be the same. On the other hand, compound interest we add the interest of prior years principal to determine the interest of the next year.

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