Question

find the simple interest and amount in rupee 18000 at 6.5 % for 18 months ​

Answer 1

Step-by-step explanation:

Simple Interest(SI) = P * T * R /100

Where P = Principal, T = Time in years and R = Rate of Interest.

Given, P = 2000 ; T = 1.5 and R = 6%. We get,

SI = 2000 * 1.5 * 6 / 100

=> 18000/100 = 180.

Simple Interest is 180.