Question

(b) Find the simple interest on ₹ 1,200 at 12% p.a. for 3 years.​

Answer 1

Answer:

432 Rs.

Step-by-step explanation:

simple interest = (principle * rate * time )/100

here,

principle= 1200 Rs.

rate = 12%

time = 3 years

therefore, simple interest= (1200*12*3)/100

= 144*3

= 432 Rs.