Question

What will be the simple interest for 1 year 4 months on a sum of ₹25800 at the rate of 14%

Answer 1

Step-by-step explanation:

Answer 2

Given in the Question: We are provided with time is 1 year 4 months on a sum of money is 25800 rupees at the rate of 14%.

Need to Find: We are said to find Simple Interest.

$\:\:\:\:\:$______________

$\large{\mathfrak{\underline{According\:to\:the\:question}}}$

• We are given in the question,Time is 1 year 4 months on a sum of money is 25800 rupees at the rate of 14%.So,we have to change 1 year 4 months into year.

$\: \sf t = 1 \: year \: 4 \: months \\ \\ \sf \: t = 1 + \frac{4}{12} \\ \\ \sf \: t = 1 + \frac{1}{3} \\ \\ \sf \: t = \frac{4}{3} years$

$\bigstar{\underline{\mathfrak{Using\:the\:formula}}}$

$\:\:\:\:$$\large{\boxed{\sf{\blue{Simple\:Interest={\dfrac{PRT}{100}}}}}}$

Now put the value to find the answer:

$\sf \implies \: simple \: interest = \frac{25800 \times 14 \times \frac{4}{3} }{100} \\ \\ \\ \: \: \: \: \: \: \: \: \sf \implies \: simple \: interest = \frac{258 \times 14 \times 4}{3} \\ \\ \\ \: \: \: \: \: \: \: \: \: \: \: \sf \implies simple \: interest = 4816 \: rupees$

Hence,simple interest on a sum of money is 4816 rupees.