Question

4. If S.I =Rs, 12,000 R=6=% and T=2 years then calculate S.I.
​

Answer 1

Explanation:

hope this may help uhhh.. .

Answer 2

Solution!!

The concept of simple interest has to be used here. The principal, rate of interest and time is given. We have to find the interest.

Principal (P) = Rs 12000

Principal (P) = Rs 12000Rate of interest (R) = 6%

Principal (P) = Rs 12000Rate of interest (R) = 6%Time (T) = 2 years

We can find out the interest with the help of just one formula!

Interest = (P × R × T)/100

Interest = (12000 × 6 × 2)/100

Interest = Rs 1440

The questioner can also further ask you to calculate the amount. So, here's how you can find the amount.

Amount = Principal + Interest