Question

find simple interest when the principal=rs 1200, rate of interest =4% time = 6 months​

Answer 1

Answer:

simple interest = (P*R*T )/100

time = 6 months so we will take 6/12 or 1/2

se the solution in picture

Answer 2

Simple Interest = ₹24

Step-by-step explanation:

GIVEN

Principal = ₹1200

Rate = 4%

Time = 6 months = ½ years = 0.5 years

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TO FIND

Simple Interest

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We know that,

Simple Interest = ( Principal × Rate × Time ) / 100

Simple Interest = ( 1200 × 4 × 0.5 ) / 100

Simple Interest = 2400 / 100

Simple Interest = 24

Simple Interest = ₹24

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IMPORTANT

Simple Interest = ( Principal × Rate × Time ) / 100

Principal = ( Simple Interest × 100 ) / ( Rate × Time )

Rate = ( Simple Interest × 100 ) / ( Principal × Time )

Time = ( Simple Interest × 100 ) / ( Principal × Rate )