Question

find the interest where principal (p) rs 1400 time 2 years rateof interest (r) is 5%

Answer 1

Answer:

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Step-by-step explanation:

Given Principal (P) = Rs. 2400 Rate (R) = 9%

Time (T) = 3 years 5 months and 15 days = 2483 years

To find simple interest and he amount Simple interest = 100PRT=Rs.2400×1009×2483=Rs.747

And the amount = Rs.2400 + Rs. 747 = Rs. 3147