Question

Find the simple interest when principal = Rs 12000, Rate of interest = 18% per annum

and time = 4 months.


in formula​

Answer 1

Answer:

720

Step-by-step explanation:

Given P = 12000

R = 18%

T = 4 months =4/12

To find :- SI =?

Now,

SI =P*R*T/100

SI = (12000*18*4)/100*12

SI= 720

Answer 2

Step-by-step explanation:

Given Principal = Rs 12000, Rate of Interest = 18% per annum and Time = 4 months = (4/12) = (1/3) years

We know that simple interest = (P × T × R)/100

On substituting these values in above equation we get SI = (12000 × (1/3) × 18)/100

SI = (12000 × 1 × 18)/100 × 3 = Rs 720