Find the simple interest on Rs. 2500 at 4% per annum for 73 days.​

  • matematika

    Subject:

    Math
  • Author:

    jethro
  • Created:

    1 year ago

Answers 2

Answer:

Step-by-step explanation:

73days =1/5yrs

Prt/100

2500×1/5×4/100

2000/100

=20rs

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In context to the question it is asked to find the Simple interest at 4% per annum for 73 days amount is given as 2500

principle amount=2500

rate of interest =4%

Time=73/365 yrs

SI=price  x rate  x time/100

by putting the value we get

SI=[tex]2500\times \frac{4}{100} \times \frac{73}{365} \\=2500+0.04+0.2\\=2500.24[/tex]

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