calculate the interest on RS 900 for 2 yrs at the rate of 12% p.a
Answers
Answered by
0
Answer:
₹ 21,600
Step-by-step explanation:
Given:
☯ Principal = ₹ 900
☯ Rate = 12%
☯ Time = 2 years
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To find:
☯ Simple Interest
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
Solution:
☯ Simple Interest = Principal × Rate × Time
☯ Simple Interest = 900 × 12 × 2
☯ Simple Interest = ₹ 21,600
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
Answered by
0
Answer:
S.I= P x R x T / 100
S.I = 900 x 2 x 12/100
S.I = Rs.216
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