find the simple interest when principal = rupees 12000 rate of interest = 18 percent per annum time = 4 months
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Answer:
Simple Interest is ₹720
Step-by-step explanation:
Given:
P = ₹12000
R = 18% p.a.
T = 4 months = = year
Formula of Simple Interest:
Calculation:
// * means × i.e. multiplication
= 720
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QUESTION:–
find the simple interest when principal = rupees 12000 rate of interest = 18 percent per annum time = 4 months
GIVEN:–
principal = rupees 12000
rate of interest = 18 percent per annum
time = 4 months OR 1/3 years
FORMULA:–
SIMPLE INTEREST=(PRINCIPLE×RATE×TIME)/100
SOLUTION:–
SI=12000×18×1/100×3
SI=720
ANSWER:–
RS 720
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