Principal=1200 rupees Rate of intrest= 15% Time period=8 april to 20 june Find the simple intrest and Amount.
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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 = PxRxT 100
SI = 1200×15×42 365×100
SI 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
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