Question

Please solve the following question related to Simple interest. (Question attached in picture)

15 points for the answer! :)

Answer 1

Answer:

Principal 12000$

Rate of interest = 8%

time = 7 yrs

S.I = Prt/100

= 12000×8×7/100

= 120×56

= 6720$

Amount = 18720$

no.2

Principal = P(let)

rate of interest = 9%

time = 4yrs

B.T.P,

P×9×4/100 = 108

36P/100 = 108

P =300

Principal is 300$

S.I is 108$

Amount is 408$

Hope it helps

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