0 4. What is the simple interest of Rs.800 at the rate of 18% per annum for 6 months
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Answered by
1
Answer:
amount =principal(1+rate/100)
Step-by-step explanation:
use this formula
Answered by
2
In context to questions asked,
We have to determine the simple interest.
As per questions,
P = Rs. 800
Rate = 18%
Time = 6 months.
So, for determining the value of Simple Interest we will convert 6 month into years by dividing it by 12.
As we know that,
Hence, the value of Simple Interest will be Rs. 72.
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