Question

Find the simple interest on Rs 6300 at 8% per annum for 8 months.

Answer 1

$\begin{array}{l}\text{P}=\text{Rs 63}00,\text{R}=\text{8}\%\text{, T}=\frac{8}{12}\text{years}\\ \therefore \text{S}\text{.I.}=\frac{\text{P×R×T}}{\text{100}}=\frac{\sout{6}\sout{3}\sout{0}\sout{0}\times 8\times {{\sout{8}}^{21}}^{{\sout{4}}^2}}{1\sout{0}\sout{0}\times \sout{1}{\sout{2}}_{{\sout{6}}_{{\sout{3}}_1}}}=\text{Rs}336\end{array}$