principal =₹1200
rate of interest=15%
time=8 April to 20 June
find the simple interest and amount also
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principal =₹1200
rate of interest=15%
time=8 April to 20 June
find the simple interest and amount also
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The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectively
Step-by-step explanation:
Days from 8 April to 20 June = 42 day
Principal = Rs.1200
Rate of interest = 15%
[tex]si = \frac{p \times r \times t}{100} [/tex]
[tex]si = \frac{1200 \times 15 \times 42}{365 \times 100} [/tex]
[tex]si = 20.7123[/tex]
Amount = Principal + SI
=> 1200+20.7123
=>Rs.1220.7123
Hence,
The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectively.
Answer:
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