Q2 of 59 Page 16

Find the simple interest on ₹ 3,500 at the rate of % per annum for 165 days.

Simple interest (SI)

Here,


Principal amount (P) = Rs.3500


Time (T) = 165 days =


Rate of interest = %


= 2.5 %


SI =


= 39.55


∴ Simple interest = Rs39.55


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