find the simple interest :principal=rs 1200,Rate=15%,time=3years 4 months
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Answered by
0
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%
Answered by
0
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
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