Question

Find the simple interest on Rs.360 for 3 years 6 months at the rate of 12% per annum

with full process plz!!

Answer 1

Answer:

₹151.20

Step-by-step explanation:

Principal (P) = ₹360

Rate (R) = 12%

Time (T) = 3 years 6 months = 3½ years = 7/2 years

Simple Interest (SI) = PRT/100

=> SI = 360 × 12 × 7/2 × 1/100

=> SI = ₹151.20

Answer 2

Given;

P= Rs360

R=12%

T= 3years 6months= 3.5 years

Step-by-step explanation:

SI= P×R×T/100

SI= 360×12×3.5/100

= Rs 151.20