Question

Find the simple interest p=450 R =4%p.a and T = 3 years

Answer 1

Question

Find the simple interest p=450 R =4%p.a and T = 3 years

Answer

Principal =₹450

Rate = 4%

Time = 3 years

SI=

Formula

$\frac{principal \times rate \times time}{100}$

Working

$\frac{450 \times 4 \times 3}{100}$

$= 54$