Question

1. Find the simple interest on Rs 7200 at 6% per annum for 3 years.​

Answer 1

Required Answer :

✩ Given :

• Principal ↠ ₹ 7,200
• Rate of Interest ↠6%
• Time ↠3 years.

✩ To Find :

• Simple Interest.

✩ Solution

$\red \bigstar \: \sf{Simple \: Interest \: \longmapsto} \: \frac{P × R × T}{100}$

$\red \bigstar \: \sf{Simple \: Interest \: \longmapsto} \: \frac{7200 \times 6 \times 3}{100}$

$\red \bigstar \: \sf{Simple \: Interest \: \longmapsto} \: \boxed{ { ₹ \: 1296}} \pink{ \star}$

❝ Therefore, simple Interest on ₹7,200 at 6% per Annum for 3 years is ₹1,296. ❞