Question

if a person saves Rs 8000 and invest it at the end of the year .the interest earned by him in the beginning of 1st year at 10 percent p. a ?​

Answer 1

Step-by-step explanation:

P= Rs 8000

R=10% per annum

T= 1 year

Therefore

$simple \: interest = \frac{p \times r \times t}{100}$

$simple \: interest \: = \frac{8000 \times 10 \times 1}{100}$

$simple \: interest = 800$

Answer 2

Answer:

₹800 because SI=P*R*T