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2015 4 Kusum lent 2 18000 to Nirmal on 14 Jarkjary at 9%p.a How much interest did she get on this money on 21 Aug 2015

User Simon Cave
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1 Answer

4 votes

Given data:

The given principal is P=18,000.

The given rate of interest is r=9%.

The time from 14 january to 21 August is t=219 days.

The given time in year is T=219/365 year

The expression for the interest is,


s.i.=(P* R* T)/(100)

Substitute the given values in the above expression.


\begin{gathered} s\mathrm{}i\mathrm{}=(18000*9*219)/(100*365) \\ =972 \end{gathered}

Thus, the interest Kusum got is 972 rupees.

User Nishanth Shankar
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