Math, asked by PreetSwag, 2 months ago

PASSAGE
If principal amount is Rs. 7200, rate of interest is 8% per annum. Then find the simple interest for 1st year

Answers

Answered by dukefrank

1

Answer:

Rs.576

Step-by-step explanation:

SI=Principal×rate×time/100

Given here,

Principal=7200

rate= 8%

time = 1 year

then SI = 7200× 8 ×1/100=576 rupees

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