Question

A sum of ₹800 is lent for one year at the rate of 18% per annum. Find the simple interest.​

Answer 1

Step-by-step explanation:

Hey mate

Principal = Rs.800Time = 1 yearRate of interest = 18%We are supposed to find the simple interestFormula : Si = \frac{P \times R \times T}{100}Si= 100P×R×T Substitute the valuesSi = \frac{800 \times 18 \times 1}{100}Si= 100800×18×1 Si =144Si=144Hence the simple interest is $144

Answer 2

Answer:

₹144

Step-by-step explanation:

P=800

R=18%

So, SI=PRT/100

=800*18*1/100

=14400/100

=144.