Accountancy, asked by rushikeshnivangune31, 2 days ago

12o/o p.a. interest on Bank Loan T 1,00,000 for 6 months. Calculate interest.​

Answers

Answered by BharniAce
1

P = 100000

R = 12%

T = 1/2 year { since, 6months)

S.I = PRT/100

= 100000 x 12 x 1/ 2x100

= 6000

Therefore, the simple interest is 6000 rupees

Hope this helps you, please mark this as the brainliest

Similar questions