Question

What will be the simple interest for 1 year 4 month on a sum of 25800 rupees % per annum

Answer 1

Answer:

S.I.=4816

Step-by-step explanation:

Converting 1 year and 4 months into years:

As 12 months = 1 year

4 months = 112×4 By Unitary Method

= 13years

Therefore, 1 year and 4 months = 1+13

=43years

Given:

Principal (P) = Rs. 25800

Rate (R) = 14%

Time (T) = 1 year and 4 months

= 43 years

Applying the formula of Simple Interest to calculate its value, we get:

S.I=P×R×T100

S.I=25800×14×43100S.I=25800×14×4100×3S.I=258×14×43

S.I = 4816

Therefore, the simple interest for 1 year and 4 months on a sum of Rs. 25800 at the rate of 14% per annum is Rs. 4816