principal=14000,rate=0.5%per month,time=3years4 and 1/2months.find simple interest
Answers
Answered by
0
Answer:
20 Rs
Step-by-step explanation:
Simple interest =P×R×T100
where P is the principal amount , R is the rate and T is time.
1. P=4500,R=4,T=0.5
applying in formula, simple interest=Rs.90
2.1. P=12000,R=18,T=13
applying in formula, simple interest=Rs.720
3.1. P=1000,R=10,T=0.2
applying in formula, simple interest=Rs.20
Answered by
0
Answer:
=236.25
Step-by-step explanation:
The formula for calculating simple interest is:
(P x r x t) ÷ 100
where,
P = Principal
r = Rate of Interest
t = Term of the loan/deposit in years
S.I = (p*r*t)/100
P=1400
R=5%
T=3 year 4.5 = 3+(4.5/12) =3+0.375=3.375
( note: we divided 4.5 by 12 bcz we HV 12 months in a year..)
= (1400*5*3.375) / 100
= 23625/100
=236.25
hope helpful...✌️✌️
feel free to ask if u HV any doubt...
Similar questions