1.

Calculate the simple Interest on ₹10000 for 5 years 6 months at a interest of 1.5 % per month? ​

Answer»

Hey Mate,

Here's your answer,

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=> Principal = 10000 RS

=> Time = 5 YEARS 6 months or 5 1/2 YEAR

=> Rate = 1.5% per month

(Convert Rate into year)

(1 year = 12 months)

(1.5% × 12)

(6.0%)

Simple Interest = PRT / 100

=> Simple Interest = 10000 × 5 1/2 × 6 / 100

=> Simple Interest = 100 × 5 1/2 × 6

=> Simple Interest = 3300 Rs

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hope \: it \: helps


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