Find the simple interest on Rs 640 for 4 years at 5% per annum.
Answers
Answered by
7
Answer:
SI= 128₹
Step-by-step explanation:
Given,
Principal= 640₹
Time= 4 years
Rate= 5%
SI = P×R×T/100
= 640×5×4/100
= 128 ₹
so simple interest will be 128 ₹
Answered by
2
Answer: SI=128
Step-by-step explanation:
Simple interest= (P×R×N)/100
P= principle value=640
R=rate =5%
N= time period =4 years
SI =(640×5×4)/100
SI=(12800)/100
SI=128
Similar questions