CBSE BOARD XII, asked by kajaldhakad504, 2 months ago

Maths Example Question:-<br /><br />
Assume that you have a car loan for $20,000. Your interest rate is 4%. your time is 6 years. To find the simple interest?<br /><br />
Question:-<br /><br />
How can we find Simple Intrest?<br />
_____________________________<br />
Please Answer Both Questions<br />
Don't Spam<br />
Explain every step​

Answers

Answered by hhhaaappppppyyy
1

Answer:

1) 4800

2) Simple Interest (SI) = [principal(P)*time(T)*rate of interest(R)]/100

Explanation:

SI=P*T*R

SI=(20000*6*4)/100

SI=480000/100

SI=4800

Answered by sohamlodhari
0

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