Math, asked by kausthabdahal65, 3 months ago

Find the simple interest and amount for principal ₹3000, rate 11/5%p.a, time 4 years

Answers

Answered by asahilthakur

3

Answer:

Principal (P) = ₹3000

Rate (R) = 11/5%

Time (T) = 4 years

Simple Interest (SI) = PRT/100

=> SI = 3000 × 11/5 × 4/100

=> SI = ₹264

Amount = P + SI = ₹3000 + ₹264 = ₹3264

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