Q. 164.5( 8 Votes )

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

Answer :

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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