. At a rate of 8 PCPA
the interest for 3 years on the principal 500?
(1) 240
(2) 120
(3) 500
(4) 400
Answers
Answered by
1
Answer:
(3) is the correct option
Step-by-step explanation:
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Answered by
1
Answer:
let rate%= 8
principal= 500
time= 3 years
we can apply FORMULA SIMPLE INTEREST
P* R* T /100 = 500*8*3/100= we cancel 100 to 500 by 5times
then 5*8*3= 120
Step-by-step explanation:
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