find simple interest if:Principal=Rs 1000, Rate= 4 ½ per annum, Time= 4 years
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The simple interest on Rs.1000 at the rate of 4 ½ per per annum for 4 years is Rs.180.
Step-by-step explanation:
Given: Principle = Rs.1000 ; Time = 4 years
Rate = 9/2 per annum
S.I = P×T×R
100
= Rs. 1000 × 4 × 9
100 × 2
= Rs.180
Therefore, the S.I is Rs.180.
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