Question

principal 1200 rate 4% time 1 year find out amount and simple interest

Answer 1

S.I. = p*r*t/100
= 1200 * 4* 1 /100
= 48 rs
amount = S.I. +P.
= 48+1200
1248 rs

Answer 2

Amount =P*R*T/100
So 1200*4*1/100 answer is 48 (SI)
And amount is 1248