Question

p=₹12000 r=6% t=1 1/2years​

Answer 1

Answer :-

Given -

• Principal = ₹ 12000
• Rate of interest = 6%
• Time = 1.5 years

To Find -

• Simple interest

Solution -

We know that,

Simple interest = P × R × T / 100

Substituting the value in formula -

Simple interest = 12000 × 6 × 1.5 / 100

= 120 × 6 × 1.5

= 1080

Simple interest = ₹ 1080