Interest on 5000 Rs. for 9 months at
8% simple interest rate?
Answers
Answered by
0
I hope you get the answer of this question
Attachments:
Answered by
1
Answer:
Rs300
Step-by-step explanation:
Principal = Rs5000
Time = 9 months = 9/12 years = 3/4 years
Rate= 8 pc.pa
Simple Interest = (Principal × Time × Rate) /100
SI = (5000×3/4×8) /100
= 120000/400
= 300
Similar questions