Question

a) Find the simple interest at the end of 3 years,when principal is 1200 and rate = 12%p.a ​

Answer 1

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Answer 2

(a) Given P = 1200, R = 12%, T = 3 years.

We know that SI = P*R*T/100

                           = 1200 * 12 * 3/100

                           = 43200/100

                           = 432.

We know that Amount = Principal + Interest

                                     = 1200 + 432

                                     = 1632.

The amount to be paid = 1632 rupees.

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