Question

find simple interest
₹648 for 8 months at 16 percent per annum
​

Answer 1

Answer:

829.44

Step-by-step explanation:

Simple Interest = Principal × Rate of interest in percentage × Time

I = P × R × T / 100

I = 648 × 16 × 8 / 100

I = 82944 / 100

I = Rupees 829.44