Find the S.I. and the amount on 1,200 a
121/2% per annum for 3 years.
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Answer:
Simple interest = rs450
Step-by-step 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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