Find the S.I for Rs $850$ from $10$ th March to $3 r d$ August at $2 \frac{1}{2} %$ p.a.

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Solution

Time = $3^{r d}$ March to $3 r d$ August $= 6$ months $= \frac{1}{2}$ years
$p = R s .850, r = \frac{5}{2}$ %

Simple interset $= \frac{p t r}{100}$
$= \frac{850 \times 1 \times 5}{2 \times 2 \times 100}$

$= R s . 10.625$

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