Find the simple interest on Rs.12500 at 7% per annum for 3 years
Answers
Answered by
31
Here is the correct answer of your question:-
simple interest = P X R X T ÷ 100
Hence 12500× 7×3 ÷ 100= Rs 2625 answer
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Answered by
1
Answer:
Step-by-step explanation:
P = 12500
R = 7%
T = 3 years
Simple interest = P×R×T ÷ 100
Hence,
12500 × 7 × 3 ÷ 100
= Rs 2625.
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