p.a. Find the Interest dulu
2. Saba deposited 18,000 in a bank for 3 years which
pays 6% interest per year. Find the simple interest
she will get at the end of 3 years.
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1
Answer:
she will get 3,240 rs. at the end of 3 years
Step-by-step explanation:
if you follow the I = Pnr equation you will get the answer
here, i = simple interest
p = principle
r = rate of interest and
n = time
hence,
i =pnr
or, i = 18,000 × 3 × 6% or 0.06
therefore, i = 3,240rs
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