Question

find simple interest p=1512t=1year R=8%

Answer 1

simple interest =p×r×t/100
1512×8×1/100=120.96

Answer 2

Hello,

Principle = rs 1512
Rate = 8%
Time = 1 years

Calculated on simple interest.

So,
We already know that
$si = \frac{p \times r \times t}{100}$
So,
Using this formula we can calculate the simple interest.
Now,
SI =
$si \: = \frac{1512 \times 8 \times 1}{100} = \frac{12096}{100} = 120.96$
So, the simple interest on the sum of equal to
Rs. 120.96


Also,
We can calculate the amount as :-
Amount = p + si
Amount = 1512 + 120.96 = rs. 1632.96


Hope this will be helping you ✌️