Find the simple interest on Rs. 2400 for 3 years at 5% p.a. Also find the amount.
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Answered by
2
Answer:
Given Principal (P) = Rs. 2400 Rate (R) = 9%
Time (T) = 3 years 5 months and 15 days = 83/23years
To find simple interest and he amount Simple interest = 100PRT=Rs.2400×1009×2483=Rs.747
And the amount = Rs.2400 + Rs. 747 = Rs. 3147
Answered by
19
A= P(1+RT)
= 5(1+2400*3)
=36005
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