Question

1 What will be the simple interest on ₹ 8000 for 1 1/2 years at the rate of 9% per annum?​

Answer 1

$\begin{gathered}\boxed{\rm{ simple \: intrest \: formula = \frac{P×T×R}{100} }} \\ \end{gathered}$

P = principal = ₹8000

T = Number of Time (number of Years)

= 1/2 years

R= Rate = 9% per annum

$\\ = \sf( \frac{8000 \times \frac{1}{2} \times 9 }{100} ) \\ \\ = \sf \: 360$

The Simple Interest is ₹360