Find the simple interest when principal is₹600 rate 2% p.a. and time is 20 months.
Answers
Answered by
1
Answer:
Formula of simple interest-p×r×t
100
=600×2×20 ÷100
=24000÷100
=240
Answered by
4
Answer:
P = Rupees 600
R = 2%
T = 20 months
= 20/12
= 5/3
SI = P x R x T / 100
SI = ( 600 x 2 x 5/3 ) /100
SI = ( 6000 / 3 ) / 100
SI = 2000/100
SI = Rupees 20
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