5. Find the simple interest for ₹ 56,000 in 2 years at 3% interest per annum
Answers
Answered by
3
Answer:
Step-by-step explanation:
principal [p] = 56,000
time [t] = 2 yrs
rate [r] = 3%
so, simple interest = p*t*r/100
= 56000 * 2 * 3/100 = 560 * 6 = 3360 rs.
hope it helps you very well
Answered by
1
Answer:
rupees3360
Step-by-step explanation:
SI=P(Principal)×R(rate)×T(time)÷100
SI=56000×3×2÷100
SI=336000÷100
SI=rupees 3360
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