Question

find the simple interest and amount on rupees 10800 for 3 years at 12% per annum​

Answer 1

Here's Your Solution

Principal = 10800 rs

Rate Of Interest = 12%

Time = 3 Years

S.I. = P × R × T

S.I. = 10800 × 12/100 × 3

= 3888 rs

Now,

Amount = S.I. + P

= 3888 + 10800

= 14688 rs

Therefore, Amount is 14688 rs and Simple Interest is 3888 rs