Question

Madhu borrowed ₹ 200 at 12% simple interest for one year. How much interest will she pay at the end of one year ?​

Answer 1

Answer:

₹24

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 12%/100 = 0.12 per year,

then, solving our equation

I = 200 × 0.12 × 1 = 24

I = $ 24.00

The simple interest accumulated

on a principal of $ 200.00

at a rate of 12% per year

for 1 years is $ 24.00.

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Answer 2

*ANSWER*- 224

*EXPLAINATION*= price: ₹200
Rate: 12%
Time: 1year
= 200 [1+12/100]1
= 200 [ 112/100]
=200 * 112/100
=2*112
=224

Added this photo for proper explaination