Question

Mohan borrowed RS 30000 for 3 years. He paid simple interest at the rate of 12 percentage p.a. How much interest did he pay​

Answer 1

Answer:

p=30000 t=3 r℅=12.

1) si=. prt/100= 30000x3x12/100=10800

2) next way. 30000 of 12℅ = 3600 interest 1yr.

then 3yr= 10800