Math, asked by aartisharma735, 6 months ago

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

Answers

Answered by dverma040
0

Answer:

13.2

Step-by-step explanation:

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

Answered by Ladylaurel
11

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
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