Question

0.3) (A) Find the interest if:-
1. P = Rs 300
R=8% pa
T= 1 year​

Answer 1

Answer:

300 multiply 365 109,500

Answer 2

Step-by-step explanation:

Formula of Simple Interest =( Principal (P) * Rate(R) * Time (T)) / 100

As per your info,

SI = rs. (300*8*1)/100

Dividing 300 by 100= 3 which multiplied with 8 is 24

So, simple interest is rs 24