Question

Find the simple interest and the amount when: principle =rupees 1500 , rate= 12%p.a. and time=3years 3 months

Answer 1

Heya user!
Here is the answer you are looking for.

Your answer.

-》Principle=Rs. 1500
-》Rate=12%
-》Time=3 year 3 months, we can write it as 3 whole 3 by 12.

-》Then,Simple interest=P×R×T/100
-》So, it will be as = Rs.1500×12%×39/100×12
-》So, the answer will be Rs.585

:-) Hope it helps......