NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Fill in the Blanks
Question 49

Question. 49

Interest on ₹ 12500 at 18% per annum for a period of 2 years and 4 months is ______.

Answer:

Interest = ₹ 5250.

Detailed Answer with Explanation:

Time = 2 4/12 = 2.33 years. SI = 12500 × 18 × 2.33 / 100 = 5250.