Find the simple interest on Rs.6300 at 6% per annum for 2 years
Answers
Answered by
1
Answer:
Given:
Amount = 6300
Interest per annum = 8%
Time period = 8 months
To find:
The simple interest for the given data
Calculation:
The simple interest is given by the formula
S.I = PRT/100
By substituting the values in the given formula
=> S.I = [6300×(8/12)×8] / 100
=> S.I = (6300×8×8)/(100×12)
=> S.I = 336
The simple interest for the given data is 336
Step-by-step explanation:
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Answered by
0
Answer:
7056 is the simple interest
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