Question

Find the simple interest. a) 800 for 1 year 3%​

Answer 1

Answer:

simple interest=(800×3×1)/100=24

Answer 2

Answer:

24 is the simple interest.

Step-by-step explanation:

Given-

Principal - 800

Time - 1 year

Rate of interest - 3%

To Find-

Simple Interest

Solution-

Formula for simple Interest = I = PNR/100

Here I = Interest (To find), P= Principal(800), N = Number of years;( 1 years) and R = Rate (3%)

= I = 800×1×3 / 100

= I = 8×1×3

= I = 24

Therefore, the simple interest on your given data is 24. For more clear understanding refer the attachment.

HOPE IT HELPS YOU. HAVE A NICE DAY.