Question

find the simple interest on rs 10500 for four years at 8% per annum

Answer 1

Formula for S.I.
Principle×Rate×Time/100
So,
10500×8×4/100
That is 3360 is the answer
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Answer 2

Hola there,

According to the question,

Principal amount (P) = ₹10500
Rate (R) = 8%
Time period (T) = 4 yrs

Simple interest = (P×R×T)/100

= (10500×4×8)/100

= 105×4×8

= ₹3360. ...Ans

Hope this helps...:)