Question

Find the si on rs 8000 at 7% per annum for 1 year 6 months

Answer 1

Answer:

1200

Explanation:

8000*7*6/12*100

Answer 2

Formula for SI PRN ^100

Convert: 1year6 months into months
=18 months

So, principle amount multiply rate on interest multiply by number of time

i.e
8000.7.18 =1008000


Simple interest = 1008000