Question

calculate a simple interest for principal 12000 for time period 3 years at rate of 12%​

Answer 1

Step-by-step explanation:

GIVEN

P=12000

R=12%p.a.

T=3years

S.I.=PRT/100

=12000×12×3/100

=4320 rupees

Answer 2

➤ Given :-

Principle :- ₹ 12000

Time :- 3 years

Rate of interest :- 12%

➤ To Find :-

Simple Interest of the given sum................

➤ Formula required :-

${\large\tt \dashrightarrow \orange{\boxed{\tt \gray{\dfrac{P \times R \times T}{100}}}}}$

➤ Solution :-

Simple Interest :-

${\tt \longrightarrow \dfrac{12000 \times 3 \times 12}{100}}$

$\tt \longrightarrow \dfrac{\cancel{12000} \times 3 \times 12}{\cancel{100}} = \boxed{\tt 120 \times 3 \times 12}$

$\tt \longrightarrow 360 \times 12 = \boxed{\tt 4320}$

$\Huge\therefore$The simple Interest of the given sum is ₹ 4320.

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$\dashrightarrow$Some related formulas :-

Principle :- ${\boxed{\tt\dfrac{SI \times 100}{R \times T}}}$

Rate of interest :- ${\boxed{\tt\dfrac{SI \times 100}{P \times T}}}$

Time :- ${\boxed{\tt\dfrac{SI \times 100}{P \times R}}}$

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More to know................

• Simple Interest is the extra amount to be given when a person borrows some money from a person or a bank. The person who gives money is called lender. The person who takes money is called borrower.
• Principal is the amount given at first from lender to borrower.
• Rate of interest is the extra amount to be given from borrower to lender. It is always written in percentage format.
• Time is given for the borrower to return back the given money with the given interest.