Calculate the simple interest and amount on ₹750 for 3/2 years at 10% per annum.
Answers
Answered by
4
Answer:
Given :: -
Principal = Rs 750
Time =
Rate = 10%
To find :: -
Simple interest?
Formula used :: -
S.I. =
Solution :: -
⠀⠀⠀S.I. =
⠀⠀⠀S.I. =
⠀⠀⠀S.I. = Rs 112.5
___________
More about it :-
Simple interest formula is given as:
SI =
Where SI = simple interest
P = principal
R = interest rate (in percentage)
T = time duration (in years)
When calculating amount :-
Amount (A) = Principal (P) + Interest (I)
Step-by-step explanation:
Answered by
5
- Principal = Rs 750
- Time =
- Rate = 10%
- Simple interest?
- S.I. =
⠀⠀⠀S.I. =
⠀⠀⠀S.I. =
⠀⠀⠀S.I. = Rs 112.5
___________
Simple interest formula is given as:
SI =
Where SI = simple interest
P = principal
R = interest rate (in percentage)
T = time duration (in years)
When calculating amount :-
Amount (A) = Principal (P) + Interest (I)
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