Find the sum of the simple interest on a sum of money at 8% per annum for 6 years in half the sum.
Let the sum of money be S.
The simple interest formula is: Simple Interest = (Principal x Rate x Time) / 100
Therefore, the simple interest on the sum of money for 6 years at 8% per annum would be: (S x 8 x 6) / 100 = 48S / 100 = 0.48S
Half the sum of money would be S / 2.
So, the simple interest on half the sum for 6 years at 8% per annum would be: (S / 2) x 8 x 6 / 100 = 24S / 100 = 0.24S
Therefore, the sum of the simple interest on half the sum of money is 0.24S.