Question

Find out simple interest on Rs.7,20,000 @ 8%

for 30 month

Answer 1

Heyyyyyyyy,,,,!!!!!!!

Answer Of Your Question,:-

we know 30 months=2.6 years or 2 year 6 months.

so firstly,according to the formula,

p×r×t/100

=720000×8/100

=57600

so,

in one year,

=57600/2

=28800

so in 6 months,

=28800/2

=14400

so interest

=57600+14400

=72000


Hope it helps