how much simple interest will rs 2000earn in 18 months at 6% per annum?
Answers
Answered by
9
Hey friend
Here is your answer
Principal (P) =Rs. 2000
Time(t)=18 months =1.5 years
rate(r)=6%
SI=(P×r×t)/100
SI=(2000×1.5×6)/100
SI=180
SIMPLE INTEREST =Rs. 180
Here is your answer
Principal (P) =Rs. 2000
Time(t)=18 months =1.5 years
rate(r)=6%
SI=(P×r×t)/100
SI=(2000×1.5×6)/100
SI=180
SIMPLE INTEREST =Rs. 180
Answered by
0
Answer:
The simple interest will be .
Step-by-step explanation:
Formula for simple interest is given as:
S.I = , ...... (1)
where is Principal , is rate of interest in % per annum and is time (in years).
Since
months
year + 6 months
years
% per annum
From (1), we get
S.I =
= × ×
=
Therefore, the simple interest will be .
#SPJ3
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