What will be the simple interest for 1 year 4 months on a sum of 25.800 at the rate of 14% p.a.?
73
The rate of interest for 1500 = 4% +2% = 6% p.a.
18
75
Exercise 9A
from April 6, 2017 to June 18, 2017?
What is the rate
Answers
Answered by
2
Here P=Rs.25800,R=14% and T=1year4 months=1+
12
4
=1+
3
1
=
3
4
years.
S.I=
100
PRT
=
100
25800×14×
3
4
=
3
258×14×4
=Rs.4816
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