Question

Calculate the simple interest and amount on ₹ 9600 for 3.5 years at 4 .5 % p.a.​

Answer 1

P = 9600

T = 3.5 years

R = 4.5%

$SI = \frac{P \times T \times R}{100}$

$SI = \frac{9600 \times 3.5 \times 4.5}{100}$

= 1512

A = P + SI

= 9600 + 1512

= 11112