find the simple intrest on rs.7200 at 6% per annum for 3 years .also,find the amount
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→ Simple Interest = 1,296 Rs.
→ Simple Interest = 1,296 Rs.→ Amount = 8,496 Rs.
Step-by-step explanation:
Given things:-
• Principal = 7,200 Rs.
• Rate % = 6% per annum
• Time period = 3 years
Formula to find Simple Interest = [(P×R×R)/100]
→ [(7200×6×3)/100]
→ 129,600/100
→ 1,296
After calculation we will get 1,296 as our answer.
Therefore, the Simple Interest on 7,200 Rs. at 6% per annum for 3 years is equal to 1,296 Rs.
The formula for finding amount is, “Principal + Simple Interest”.
→ Amount = (7,200 + 1,296) Rs.
→ Amount = 8,496 Rs.
Therefore, the amount will be equal to 8,496 Rs.
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