Question

find simple interest on rs 3600 for 9 months at the rate of 16% per annum​

Answer 1

• Simple interest is Rs.43.2 .

Step-by-step explanation:

To find:-

• Simple interest.

Solution:-

Given that,

Principal is Rs.3600 .

Rate of interest is 16%.

Time period is 9 months.

Conversion:-

Time = 9 months

= 9/12 years

= 3/4 years

Total time is 3/4 years.

We know,

Simple interest = Principal×Rate×Time

So,

➝ (3600×16×3)/(100 × 4)

➝ 172800/400

➝ 43.2

Therefore,

Simple interest is Rs.43.2 .