Question

what will be the simple interest earned on an amount of 80,000 rupees in 73 days at the rate of 3% per annum​

Answer 1

Answer:

The Simple Interest is 480.

Step-by-step explanation:

80,000*3%*73/365 = 480

Answer 2

  Principle = Rs. 80000

   Rate = 3% p.a

   Time = 73/365 = 1/5 year

SI = (PRT)/100

   = 80000 x (8/100) x 1/5

   = 1280

So

Simple interest = Rs. 72

Amount = P + SI = 80000+ 1280= Rs. 81280