Question

P = 1500
R% = 3%
T = 3 month 3/12 year​

Answer 1

Step-by-step explanation:

$simple \: interest = \frac{1500 \times 3 \times 3}{12 \times 100} \\ \: \: \: \: \: \: \: = \frac{45}{4} \\ = 11 \frac{1}{4}$

Answer 2

Answer:

➡ S. I. (simple interest) = Rs. 135

Step-by-step explanation:

Given that,

P (principal) = 1,500

R (rate%) = 3%

T (time) = 3 month or, ¼ years

We need to find the S. I.

➡ S. I. = p × r × t/100

➡ S. I. = 1,500*3*1/100*4

➡ S. I. = 45/4

➡ S. I. = 11¼ ans.