please what is formula of tp find siple intersent and amount when p is 5500 r14$and time 3years
Answers
Answered by
1
Principal = Rs.5000
Rate = 14%
Time = 3 years
Simple interest = Principal × Time × Rate
100
= 5000 × 3 × 14
100
= Rs. 2100
Answered by
1
Step-by-step explanation:
si= p × r × t
100
si= 5500 × 14 × 3
100
si= 55 × 14 × 3
si= 2310
A= si + principal
A= 2310 + 5500
A= 7810
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