Question

Find the S.I.and amount on Rs 1,200 at 12 1/2%per annum for 3 years

Answer 1

Answer:

Simple Interest (I) = Rs 450

Explanation:

Principal (P) = Rs1200

Time(T) = 3 years

Rate of interest (R) = 12½%

= 25/2%

Simple Interest (I) =(PTR)/100

= (1200×3×25)/(100×2)

= 6×3×25

= Rs 450

Therefore,

Simple Interest (I) = Rs 450

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