Find the simple interest on Rs.2000 for six months at the rate of 4 whole 1/2 per cent per annum
Answers
Answered by
6
Answer:
Rs 45
Step-by-step explanation:
Principal amount = Rs 2000
Rate = 4 whole 1/2 = 9/2 = 4.5%
Time = 6 months = 6/12 = 0.5 year
Simple interest = (2000*4.5*0.5)/100 = 45
Similar questions