Question

2. What is the Simple Interest on 5,000
at the rate of 8% per annum for 1 year 6
months ?
( )​

Answer 1

Answer:

₹600

Explanation:

P = ₹5000

R=8% p.a

T= 1year 6 months= 1 & 1/2 year

=> T = 3/2 years

S I = P × R × T/100

=> I = 5000 × 8 × 3/ 100 × 2

=> I = ₹600