Question

if rs 12800 be borrowed for 3 years at 5he rate of six whole one by two % per annum find the c.i to be paid on it ​

Answer 1

➤ Given :-

Principal amount,P = ₹ 12800

Time,T = 3 years

Rate of interest,R = 2%

➤ To Find :-

Simple intrest of the given question....

➤ Formula :-

$\orange{\bold{\boxed{SI=P×R×T÷100 }}}$

➤ Solution :-

$\longrightarrow \sf \:SI = \frac{P \times R \times T}{100} = \frac{12800 \times 3 \times 2}{100}$

$\longrightarrow \bf \: \frac{76800}{100} = \frac{768}{1} = 768$ Therefore,he has to pay ₹768 as interest.