Question

calculate interest if principle = ₹ 220, rate = 6%, time = 1 year​

Answer 1

Answer:

13.2

Step-by-step explanation:

interest if principle = ₹ 220, rate = 6%, time = 1 year is = 13.2

Answer 2

Answer :-

• The simple interest is Rs. 13.2.

Step-by-step explanation:

To Find :-

• The simple interest

Solution:

Given that,

• Principal = Rs. 220
• Rate = 6%
• Time = 1 year

Therefore,

• The simple interest is,

As we know that,

Simple interest = ( P × R × T ) ÷ 100,

Where,

• P = Principal
• R = Rate
• T = Time

=> Simple interest = ( Principal × Rate × Time ) ÷ 100

=> ( 220 × 6 × 1 ) ÷ 100

=> ( 220 × 6 ) ÷ 100

=> 2.2 × 6

=> 13.2

Hence,

The simple interest is Rs. 13.2.

Additional information :-

Some more information related to Simple interest :-

• Principal = ( S.I. × 100 ) ÷ ( R × T )
• Rate = ( S.I. × 100 ) ÷ ( P × T )
• Time = ( S.I. × 100 ) ÷ ( P × R )
• Simple interest = ( P × R × T ) ÷ 100