Question

if rs 16,000 is invested at 12.percent simple annual interest ,how much interst is earned after 6 months ?​

Answer 1

Answer:

If Rs 16,000 is invested at 12 percent simple annual interest, how much interest is earned after 6 months? Sol: Since the annual interest rate is 12 %, the interest for 6 months is (16000x12x6)/12x100 = Rs. 960. Example 3: A sum was put at simple interest at a certain rate for 6 years.

Step-by-step explanation:

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Answer 2

Answer:

P×R×T/100

Step-by-step explanation:

16000×12×6/100

1152000/100

11520 answer