find the simple interest earn on a deposit of ₹8000 for 7 years at 5% per annum.
Answers
Answered by
1
Answer:
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Step-by-step explanation:
Simple Interest = (P × R × T) / 100
= (8000 × 5 × 7) / 100
= (80 × 35)
= 2800
Simple Interest = 2800
Answered by
0
Answer:
SI =P×R×T
Step-by-step explanation:
So,
SI = 8000×7×5/100
SI = 56000×5/100
SI =560×5
SI = 2800
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