Find the si on rs 8000 at 7% per annum for 1 year 6 months
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Answer:
1200
Explanation:
8000*7*6/12*100
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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
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
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