Question

2. Find the SI on 12000 for 8 yr 4 months at
3% per annum?​

Answer 1

GIVEN

P- ₹12000

R-3%

T- 8yrs 4months

$S.I.=\frac{P \times R \times T}{100}$

First we will find interest for 8 yrs

$\frac{12000 \times 3 \times 8}{100}$

₹2880

Interest for 4 months

P-₹12000

R- 3%

T- 4 months

$\frac{12000 \times 3 \times 4}{100 \times 12}$

₹120

Total interest= ₹2880+₹120

=₹3,000

Total Amount= ₹12000+₹3000

=₹15000