Q16 of 59 Page 147

Find the amount of ₹ 30,000 from 15th January 2010 to 10th August 2010 at 12% per annum.

Given: Principle = ₹ 30,000, Rate = 12% per annum, Time = 208 days



Simple Interest


⇒ Simple Interest


⇒ Simple Interest =₹2051.507


Amount =Principle + Interest


Amount =30,000 + ₹2051.507=₹32,051.507


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