A sum of Rs 876 was lent at 4%simple interest.what is the interest to be paid after 8 months?
Answers
Answered by
41
Answer:
Principal = Rs 876
Rate = 4 percent
Time = 8 months = 8/12
SI = PRT/100
SI = 876*4*8/100*12
SI = RS 23.36
Dear the answer should be 23.36
Answered by
9
Answer:
given,
P=₹876
R=4%
T=8month
=8/12 year
=2/3year
SI=PRT/100
= 876×4×2/100×3
=292×1×2/1×1
=584/25
=23.36
Similar questions
8/12= 2/3 year.
Interest=principle*rate of interest*time/100
Interest=876*4*2/100*3
Interest=23.36 rs.