a man deposited ₹3000 in a bank which paid him an intrest of 12 percent per annum.how much simple intrest will he get ai the end of 5 years
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Answer:
the answer is 1800
Step-by-step explanation:
the formulae of simple interest (SI) is
P *R * T / 100
principal (P) = 3000
rate of interest (R) = 12 %
time (T) = 5 years
SI = 3000 * 12 * 5 / 100
SI = 1800
Hope its helpful to you
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