Question Number 107 by shaleen last updated on 25/Jan/15
$${what}\:{is}\:{simple}\:{intrest}\:{of}\: \\ $$$${principal}\:{amt}=\mathrm{6754} \\ $$$${rate}\:\mathrm{9}.\mathrm{67\%} \\ $$$${time}\:\mathrm{21}\:{month}\frac{}{} \\ $$$${tirm}\:{annually} \\ $$$$ \\ $$$${t} \\ $$
Answered by sudhanshur last updated on 03/Dec/14
$$\mathrm{total}\:\mathrm{time}=\mathrm{21}\:\mathrm{months}=\frac{\mathrm{21}}{\mathrm{12}}=\mathrm{1}.\mathrm{75}\:\mathrm{years} \\ $$$$\mathrm{SI}=\mathrm{6754}×\mathrm{1}.\mathrm{75}×\frac{\mathrm{9}.\mathrm{67}}{\mathrm{100}} \\ $$$$=\mathrm{1142}.\mathrm{95} \\ $$