Question

Calculate SI on
1000 & at rate
of 8% for
I 3 years

II 18 mordes.​

Answer 1

$\sf \Large Solution!!$

Principal = P = Rs 1000

Rate of interest = R = 8%

Time = T = 3 years

Simple Interest = $\sf \dfrac{P\times R\times T}{100}$

SI = $\sf \dfrac{10\cancel{00}\times 8\times 3}{1\cancel{00}}$

SI = Rs 240

Interest = Rs 240