what sum of money will be 1500 at an interest rate 15% per annum , time from oct 26 to sept 22
S.I = Rs. 1500 r = 15% P = x Time vat should be the time
I think you use the formula: \[SI=P*R*T\] to calculate the sum of money. SI is the interest received P is the principle amount (1500) R is the interest rate (0.15) T is the time period (calculate how many days from oct 26-->sep 22 and divide it by 365 days)
no we have to calculte Principle
i don't know vat should be time
approxmitely, time = 1
1500=(P∗15∗1)/100 P = 10000
that's what I got too, so would that be the answer?
k are sure
seems like you really didn't need me :)
hey..y u delete the time
i need it
what? 338/365?
yes
y u delete it
seemed wrong
y
with the help of ur time given i calculated the answer
the answer I get from it is 10798.82, so to me it just seemed wrong but I guess the answer isn't always a whole number
no, time given by u , after solving i got= 0.92 so i round off it and get time = 1 then after solving i got P = 10000
oh, ok... YAY!!! I did help!!!
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