Question

find the interest in each case. Principal Rs 1200 , Rate of interest Rs 8% , period of time 2 years​

Answer 1

Answer:

₹192

Step-by-step explanation:

Principal (P) = ₹1200

Rate (R) = 8%

Time (T)= 2 years

Simple interest= P×R×T/100

Simple interest= 1200×8×2/100

Simple interest= 1200×16/100

Simple interest= 19200/100

Simple interest= ₹192

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Answer 2

Answer:

∴  The simple interest is Rs. $192$.

Step-by-step explanation:

• In context to questions asked,
• We have to find the simple interest.
• It is given that, Principal (P) = Rs. $1200$

           Rate of interest (R) = $8$%

              Time period (t) = $2$ years

• The formula for simple interest is given by,

       Simple Interest (SI) = $\frac{P\times R\times t}{100}$

                                     = $\frac{1200\times 8\times 2}{100}$

                                     = Rs. $192$

• ∴  The simple interest is Rs. $192$.