Question

Calculate the simple interest .
------------------------------------------
a. P= Rs-2500, R = 10.5% T = 3 years​

Answer 1

Answer:

Simple Interest = P * T * R

100

P = Principal = 2500/-

R = Rate of Interest = 10.5%

T = Time = 3 years

SI = 2500 * 10.5 * 3

100

SI = 787.5 /-