Question

P=1200000, T=5year ,R=7.5 Interest?​

Answer 1

Answer:

Step-by-step explanation:

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Answer 2

Answer:

∴ The simple interest is Rs. $450000$.  

Step-by-step explanation:

• In context to question asked,  
• We have to find the simple interest.
• Here, it is given that, Principle (P) = Rs. $1200000$  

             Time period (T) = $5$ years

        Rate of interest (R) = $7.5$%    

• The formula for simple interest is given by,

          SI = $\frac{PRT}{100}$

              = $\frac{1200000\times7.5\times5}{100}$

              = $12000\times7.5\times5$

              = Rs. $450000$

• ∴ The simple interest is Rs. $450000$.