Calculate the simple interest on $R s 10, 000$ for $5 y e a r s 6 m o n t h s$ at a rate of interest of $4 %$ p.a.

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Solution

Calculating the simple interest
Given,
$P = R s 10, 000 T = 5 y e a r s 6 m o n t h s = 5 \frac{6}{12} Y = 5 \frac{1}{2} Y = \frac{11}{2} Y R = 4 % p . a . S I = \frac{P \times R \times T}{100} = \frac{10000 \times 4 \times 11}{100 \times 2} = R s 2200$
Hence the simple interest is Rs. 2200

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Calculate the simple interest on Rs10,000 for 5years6months at a rate of interest of 4% p.a.

Calculating the simple interestGiven, P=Rs10,000T=5years6months=5612Y=512Y=112YR=4%p.a.SI=P×R×T100=10000×4×11100×2=Rs2200Hence the simple interest is Rs. 2200

Calculate the simple interest on $R s 10, 000$ for $5 y e a r s 6 m o n t h s$ at a rate of interest of $4 %$ p.a.

Calculating the simple interest
Given,
$P = R s 10, 000 T = 5 y e a r s 6 m o n t h s = 5 \frac{6}{12} Y = 5 \frac{1}{2} Y = \frac{11}{2} Y R = 4 % p . a . S I = \frac{P \times R \times T}{100} = \frac{10000 \times 4 \times 11}{100 \times 2} = R s 2200$
Hence the simple interest is Rs. 2200