Bella borrowed $R s 49, 000$ from a bank on $15 t h M a r c h 2010$ and settled the account on $20 t h M a y$ $2011$ .How long did she take to return the money? What amount should she pay if the rate of interest is $15 % p . a .$ ?

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Solution

From $15 t h M a r c h 2010 t o 20 t h M a y 2011,$ Bella took 431 days.
now, calculate the Simple Interest.
Given, $P = R s 49, 000 T = 431 d a y s = \frac{431}{365} Y R = 15 % p . a .$
$S I = \frac{P \times R \times T}{100} = \frac{49000 \times 15 \times 431}{100 \times 365} = R s 8679.04$
she should pay $R s 8679.04$ .

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Bella borrowed Rs49,000 from a bank on 15thMarch2010 and settled the account on 20thMay 2011.How long did she take to return the money? What amount should she pay if the rate of interest is 15%p.a.?

From 15thMarch2010to20thMay2011, Bella took 431 days.now, calculate the Simple Interest.Given, P=Rs49,000T=431days=431365YR=15%p.a.SI=P×R×T100=49000×15×431100×365=Rs8679.04she should pay Rs8679.04.

Bella borrowed $R s 49, 000$ from a bank on $15 t h M a r c h 2010$ and settled the account on $20 t h M a y$ $2011$ .How long did she take to return the money? What amount should she pay if the rate of interest is $15 % p . a .$ ?