Question

2. Find the simple interest payable on an investment of rupees 72,000 at 8% per annum over a period of three years.​

Answer 1

Answer:

p=72000 rs

r= 8%

t=3 years

Step-by-step explanation:

si=p*r* t upon 100 = 72000*8 *3= 19280 hope it will help mark as brainleist

Answer 2

Answer :

• 17280

Given :

• Invested money = 72,000
• Rate at which invested = 8%
• Time = 3 years

To find :

• the simple interest

Formula :

→ Simple Interest = P × R × T/100

Solution :

⇒ Let's find the Simple Interest.

→ We know that,

Simple Interest = P × R × T/100

→ Here,

• P = 72000
• R = 8%
• T = 3

Simple Interest = P × R × T/100

= 72000 × 8 × 3/100

= 72000 × 24/100

= 720 × 24/1

= 17280/1

= 17280

• Therefore, the Simple Interest is 17280.