Question

76. Find the simple interest, if principal is
1000 rate 20 per annum and time is 4 ye?​

Answer 1

Answer:

₹800

Step-by-step explanation:

Principal = ₹1000

rate = 20% per annum

time = 4 years

Simple Interest = Principal × Rate × Time

100

=1000×20×4 [cancel zero's]

100

=100×2×4=100×8=₹800