How much is the simple interest on ₹600 for 2 years at the rate of
8 p.c.p.a.?
Answers
Answered by
5
Answer:
the simple interest is rs. 96
Step-by-step explanation:
the formula is p × t × r
100
substituting the values
600×2×8
100
on simplification the answer is 96
Answered by
3
Answer:-
S.I.=
100
P×R×T
Where
S.I.=Simple Interest (In Rs)
P=Principal Amount (In Rs)
R=Rate (Per Annum)
T=Time (In years)
According to Question
→S.I.=
100
600×8×2
→S.I.=96 Rs
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