5. If P = 4200 , R = 7 % , T = 3 years , then I = ?
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Answers
Answered by
1
Answer:
Rs. 882
Step-by-step explanation:
P = 4200, R = 7% , T = 3years
I = P × R × T /100
I = 4200×7×3/100
I = 42×7×3
I = Rs. 882
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Answered by
18
Answer:
Given :-
- A sum of Rs 4200, rate of interest is 7% and the time period is 3 years.
To Find :-
- What is the simple interest.
Formula Used :-
Simple Interest or S.I. Formula :-
where,
- S.I. = Simple Interest
- P = Principal
- R = Rate of Interest
- T = Time Period
Solution :-
Given :
- Principal = Rs 4200
- Rate of Interest = 7% per annum
- Time Period = 3 years
According to the question by using the formula we get,
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