What will interest be on 600 for 3 years and 6 month and 20 days at 6℅ per annum?
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Answer:
Step-by-step explanation:
simple interest i am assuming
SI = P R T / 100 = 600 * 3.5 years * 6 / 100 = 126
Answered by
1
Principle Amount, P = 600
time, t = 3 years 6 months 20 days = 3.5
t = 3 + 6/12 + 20/ 360
t = 3 + 0.5 + 0.055
t = 3.555
Interest, R = 6%
S.I = P × R × T / 100
S.I = 600 × 6 × 3.555 / 100
S.I = 6 × 6 × 3.555
S.I = 36 × 3.555
S.I = 127.98
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