Question

Principal- 1200 Rate of Interest-15% Time-8 April to 20 June,Find Simple interest. plz answer this..​

Answer 1

Answer:

Answer:

The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectively

Step-by-step explanation:

Days from 8 April to 20 June = 42 day

Principal = Rs.1200

Rate of interest = 15%

SI = \frac{P \times R \times T }{100}SI=

100

P×R×T

SI = \frac{1200 \times 15 \times 42}{365 \times 100}SI=

365×100

1200×15×42

SI = 20.7123SI=20.7123

Amount = Principal + SI = 1200+20.7123 = Rs.1220.7123

Hence The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectively