Question

Calculate the simple interest

P = ₹ 10,000 T = 5 years 6 months R = 1.5 % per month​

Answer 1

Answer:

The Simple Interest is Rs 825.

Answer 2

Answer:

Simple Interest = ₹840

Step-by-step explanation:

Simple Interest = P × R × T/100

Where, P = Principal, R = Rate and T = Time

Simple Interest = ₹10,000 × 1.5% × 5.6 Years /100

= ₹84,000/100

= ₹840