The problem asks for the calculation of simple interest paid by Anisha.
Given Information
- Principal Amount (P) = ₹28,260
- Rate of Interest (R) = 9% per annum
- Time Period (T) = 9 months
Interest Calculation Steps
-
Convert the time period from months to years:
Time (T) = 9 months = $\frac{9}{12}$ years = $\frac{3}{4}$ years = 0.75 years
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Use the formula for Simple Interest (SI):
$SI = \frac{P \times R \times T}{100}$
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Substitute the given values into the formula:
$SI = \frac{28260 \times 9 \times 0.75}{100}$
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Calculate the interest:
$SI = \frac{28260 \times 6.75}{100}$
$SI = \frac{190755}{100}$
$SI = 1907.55$
Final Interest Paid
The total simple interest Anisha paid is ₹1907.55.
Important Questions from Simple Interest
If ₹12,800 is invested in a bank for 5 years at the rate of 9% per annum simple interest. what amount is returned by the bank?
Somu has borrowed ₹10,000 from a money lender with simple interest at a rate of 7% half yearly. How much amount will he pay to the money lender after 3 years?
Find the Simple interest on Rs. 2,400 from 20 March 2019 to 31 may 2019 at \(6{1 \over 4}\) % rate?
If the simple interest for five years is equal is 35% of the principal, that rate of interest is:
A sum fetched a simple interest of Rs. 3,040 at the rate of 8% p.a in 5 years. what is the sum?
