guys please answer this question
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Given : Principal (P) = 3,600, Rate (R) = % and Time (T) = 4 years and 6 months
Need To Find : Simple Interest ( S.I ) .
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⠀⠀❒⠀⠀⠀First Calculate the exact time in yrs .
As, We know that ,
- There are 12 months in 1 yrs .
Then ,
- Time = 3 years and 6 months .
- Time =
- Time =
- Time =
- Time =
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❍ The Formula for Simple interest ( S.I ) is given by :
⠀⠀⠀⠀⠀Here P is the Principal in Rs. , R is the Rato of Interest in % and T is the time in yrs .
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Therefore,
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