Calculate the simple interest.
A. Principal* 1,500, Rate of interest=8%, Time period-3 years
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Answer:
SI = 360
Step-by-step explanation:
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ᴀɳsฬꫀя :
❥ Given -
- P = Rs. 1,500
- R = 8%
- T = 3 year
= 3 ༝ 12 = 36 month
❥ Find -
- Find Simple Interest.
❥ Solution -
- S.I = P ༝ R ༝ T / 100
→ S.I = 1500 ༝ 8 ༝ 36 / 100
→ S.I = 432000 / 100
→ S.I = 4320
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