Question:
find simple interest
Rs.6500 for 2years 3months at
6percent per annum
Solution :
To find the simple interest , We'd use the following formula:-
P×R×T/100
- P= 6500
- R=6
- 2.25 (2 years+ 3 month)
.°.
S.I = 65×13.5
S.I = Rs.877.50
Hope it helps
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