Question

find the simple interest in which principal rs 500 rate = 12%time = 3 year​

Answer 1

Answer:

$s.interest = \frac{p \times r \times t}{100}$

$simple \: interest = \frac{500 \times 12 \times 3}{100}$

$simple \: interest = 5 \times 12 \times 3$

$simple \: interest \: is \: 180 \: rs$