Question

If principal is 1200. ,. And rate is 10% per annum and time is two years what will be simple interest

Answer 1

${\pink{Hola!!}}$

P=1200
R=10%
T=2 years

To calculate:-
Simple interest

SI=${\frac{P×R×T}{100}}$

SI=${\frac{1200×10×2}{100}}$

SI=12×10×2

${\bf{\blue{SI=240/-}}}$


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