find the simple interest and amount on an investment of rs. 5000 for 3 years, if the interest is calculated at 4% simple interest per annum.
Answers
Answered by
4
Answer:
600 rupees
Step-by-step explanation:
simple interest= p*r*t/100
here,
p = 5000
r = 4%
t = 3 years
interest =5000*4*3/100
= 60000/100
= 600
Similar questions