Find the simple interest on p.20,000 invested at the rate of 8p.c.p.a for 2years
Answers
Answered by
0
Answer:
3200
Step-by-step explanation:
S.I = P×R×T/100
=20000×8×2/100
Simple Interest = 3200
Answered by
1
Answer:
simple interest formula=ptr/100
Step-by-step explanation:
let we have to discuss.
- simple interest =20,000
- the rate =8
- time =2years
= PTR/100
= 20000×8×2/100
=3200
Thank you l hope you will understand this
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