Advertisements
Advertisements
प्रश्न
Interest on ₹ 12500 at 18% per annum for a period of 2 years and 4 months is ______.
Advertisements
उत्तर
Interest on ₹ 12500 at 18% per annum for a period of 2 years and 4 months is ₹ 5250.
Explanation:
From the question, it is given that,
Principal = ₹ 12500
Time = 2 years 4 months = `(2 + 4/12)`
= `(2 + 1/3)`
= `7/3` year
Rate = 18%
Then, we know the formula of Simple interest
`I = (P xx R xx T)/100`
`I = (12500 xx 18 xx 7/3)/100`
I = ₹ 5250
APPEARS IN
संबंधित प्रश्न
Find the amount to be paid at the end of 3 years in given case:
Principal = ₹ 7,500 at 5% p.a.
John lent Rs. 2550 to Mohan at 7.5 percent per annum. If Mohan discharges the debt after 8 months by giving an old black and white television and Rs. 1422.50; find the price of the television.
Vinita deposited Rs. 15000 in a bank for one year at an interest rate of 7 p.c. p.a. How much interest will she get at the end of the year?
Riya bought ₹ 15,000 from a bank to buy a car at 10% simple interest. If she paid ₹ 9,000 as interest while clearing the loan, find the time for which the loan was given
Arun lent ₹ 5,000 to Balaji for 2 years and ₹ 3,000 to Charles for 4 years on simple interest at the same rate of interest and received ₹ 2,200 in all from both of them as interest. Find the rate of interest per year
In the first year on an investment of Rs 6,00,000 the loss is 5% and in the second year the gain is 10%, the net result is ______.
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find
- Interest if period is one year.
- Principal for 2nd year.
- Interest for 2nd year.
- Amount if period is 2 years.
Given the principal = Rs 40,000, rate of interest = 8% p.a. compounded annually. Find amount if period is 2 years.
Interest on ₹ 3000 at 10% per annum for a period of 3 years is ______.
The simple interest on a certain sum for 2.5 years at 12 per cent per annum is ₹ 300 less than the simple interest on the same sum for 4.5 years at 8 per cent per annum. Find the sum.
