find the interest on rupees 800 at 6% per month for 9 months
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anudeep25:
anna thanks for your reply but they asked you to find per month but you calculated in years
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Given,
Principal = 800/-
Rate = 6% per month
Time = 9 months
To find,
The simple interest.
Solution,
The simple interest on the principal amount is 432 rupees.
We can simply solve the mathematical problem by the following procedure.
We know that,
Simple interest =
where,
P = Principal amount
R = rate
T = time
Now,
Simple interest =
= 8 x 6 x 9
= 432 rupee
Thus,
The simple interest is 432 rupees.
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