Question

find the interest on a sum of rupees 8000 for 3 years at the rate of 8 percent per annum
please tell me fast I will give points​

Answer 1

Answer:

principal = 8000

rate = 8%

time = 3 years

formula for interest = P×R×T divided by 100

8000×8×3 divided by 100 , two zeros cancel by two zeros

we are left with 80×8×3 = 1920

Interest is 1920

Total Amount is 8000+1920 = 9920

hope it helps you