Question

find the simple interest :principal=rs 1200,Rate=15%,time=3years 4 months​

Answer 1

Answer:

Rate =

P×T

S.I×100

P=1200−1000=200

S.I=30

T=3 years

Rate =

200×3

30×100

=

600

3000

=5%

Answer 2

Step-by-step explanation:

Given : principle = 1200

rate of interest =15%

time =3 years 4 months = 40 months

Formula: PTR / 100

1200 ×15× 40 / 100 = 7200

Therefore 7200 is the simple interest

HOPE IT HELPS