Question

128 72
Find the simple interest, when:
Principal = Rs 500, Rate of Interest = 12.5% per annum and Time = 4 years.
3 X2 = 6​

Answer 1

Answer:

₹250/-

Step-by-step explanation:

Given

Principal = Rs 500

Rate of Interest = 12.5% per annum

Time = 4 years.

We know that simple interest = (P × T × R)/100

On substituting these values in above equation we get SI = (500 × 4 × 12.5)/100 = rs 250

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