Question

find the simple interrest for Rs. 3000 , rate of interest 12% and time
is 2yrs p. a
​

Answer 1

The number of days b/w the two. has to be calculated and since the RATE OF INTEREST is given for per annum, the no. of days should divided by 365.

And the RATE OF INTEREST is mixed fraction it should be converted into improper fraction.

Ans :-₹63