Question

P=1200000, T=5year ,R=7.5 Interest?
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Answer 1

Answer:

Interest =PRT/100

1200000* 7.5*5/100

12000*7.5*5 =45000

Step-by-step explanation:

Answer 2

Answer:

∴ 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. $450000$  

• ∴ Simple interest is Rs. $450000$.