Question

interest on ramesh loan due for one year@ 12%p.a.on 40000​

Answer 1

Answer:₹4800

Explanation:

P=40000

R=12%

T=1year

SI=40000x12x1/100

SI=400x12

SI=4800

Answer 2

Answer:

Rs. 4800

Step by step explanation:

Interest=Principle*Rate*Time/100

=40000*12*1/100

=4800