find the simple interest when principal is 12000 rate of interest is 18% per annum and time is 4 months
Answers
Answered by
2
Answer:
principal (p) = 12000
Rate (r) = 18%
Time (t) = 4 years
simple interest (s.i) = p × r × t / 10p
si = 12000 × 18 × 4 ÷100
= 8640
so the simple interest is 8640
Answered by
0
Answer:
SI=PRT/100
Step-by-step explanation:
P=12000
R=18%
T=4/12 YEARS > T=1/3 YEARS > T = 0.3 YEARS
(WE HAVE TO ALWAYS TAKE TIME IN YEARS )
SO
SI = 12,000×18×0.3/100
SI = 120×18×0.3 = 12×18×3 = 648 answer
Hope it helps!!
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