The simple interest on Rs.36,000 for the period from 5th January to 31st May, 2013 at 9.5% per annum is :

  1. Rs.1,425
  2. Rs.1,400
  3. Rs.1,368
  4. Rs.1,338
Anurag Mishra Professor Asked on 29th December 2015 in Maths.
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  • 1 Answer(s)

    Answer is Rs. 1, 425.

    Explanation:-
    Princinpal = 36, 000,  Time = 5 months & rate = 9.5%.

    Then, Simple Interest = 36, 000 x 5 x 19/2 x 12 x 100
     = 15 x 5 x 19
     = Rs. 1, 425

    Then, the simple interest is Rs. 1, 425. 

    Hence, the correct answer is (1) Rs. 1, 425. 

    Monis Rasool Professor Answered on 29th December 2015.
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