find the simple interest on Rs 4600 at 12% for 3 year
Answers
Answered by
2
Step-by-step explanation:
Mark brilliant...please..
Attachments:
Answered by
0
Given :
- Principal (P) = ₹4600
- Rate(R) = 12% per annum
- Time(T) = 3 years.
To Find :
- The simple interest on the given principal.
Formula Used :
Principal × Rate × Time/100
Stepwise Solution :
Taking note of the given parameters,
∴ Simple interest = P × R × T/100
→ ₹4600 × 12 × 3/100
→ ₹(46 × 12 × 3)
→ ₹ 1656
Therefore :
∴ The Simple interest on ₹4600 at 12% p. a. for 3 years is ₹1656.
Similar questions