find simple interest
₹648 for 8 months at 16 percent per annum
Answers
Answered by
3
Step-by-step explanation:
Given,
Principal (P) = ₹648
Time (T) = 8months = 8/12 years = 2/3 years
Rate of Interest (R) = 16%
Simple Interest = PTR/100 = 648×2×16÷3×100 = ₹69.12
Hope you understand
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Answered by
2
PRINCIPAL = RS. 648
TIME = 8 MONTHS= 2/3years
RATE= 16%PER ANNUM
SIMPLE INTEREST= PTR/100
=648*2*16/100*3
=20736/300
= Rs. 69.12
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