Question

Find S.I if p=1500,r=5percent ,t=2y6m​

Answer 1

Answer: 487.5

Explanation:

Formula for Simple interest is

S.I = (P×R×T)/ 100

so, we are given with

P = 1500 ; R = 5% ;

T = 2 years 6 months

*here we need to convert 6 months in to years

so,

6 months = 1/2 year

T = 6 year + 1/2 year = 13/2 years

Now putting these values in formula

We get;

S.I = (1500×5× 13/2) / 100

Ans : 487.5