Question

hari borrowed rs 130000 from krishna at the rate of 21% per annum. At the end of 1 year and 6 months then how much simple intrest will he has to pay​

Answer 1

Rs 40950

Explanation:

P = Rs. 130000

R = 21% per annum

T = 1 year + 6 months / 12

= 12 months + 6 months / 12

= 18 / 12

= 1.5 years

SI = (P × T × R) / 100

= (130000 × 1.5 × 21) / 100

= 4095000 / 100

= 40950