Question

2. Find the simple interest on 750 for 4 years at the rate of 7.5% per annum.​

Answer 1

Answer:

Step-by-step explanation:

Principal= 750 rps

Rate= 7.5% per annum

Time= 4 years

Simple Interest = $\frac{PxRxT}{100}$

                          = $\frac{750x4x7.5}{100}$

                          = $\frac{22500}{100}$

                          = 225 rps

Hope this helps...