Question

find the simple interest of the following) P = 1,512
R = 8% pa
T - 1 year​

Answer 1

Answer:

120.96 rs

Explanation:

p= 1512

r=8%

t=1yr

S.I= p×r×t / 100

= 1512×8×1/100

= 12096/100

= 120.96 rs

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Answer 2

Answer:

formula of interest = principal×rate of interest×time/100

= 1512×8×1/100

= 12,096/100

= 120.96

Simple interest is 120.96