CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

Question 49

In questions 24 to 59, fill in the blanks to make the statements true.
Interest on Rs. 12500 at 18 % per annum for a period of 2 yr and 4 months is ___ .


Solution

Given, P = Rs. 12500 and R = 18 %
T = 2 yr 4 months =(2+412)yr=(2+13)yr=73yr
We know that, I=P×R×T100=12500×18×73×100=Rs.5250

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
QuestionImage
QuestionImage
View More...


Same exercise questions
QuestionImage
QuestionImage
View More...



footer-image