PRINCIPAL = 25000
RATE OF INTREST = 15%
SIMPLE INTREST = 720
TIME = ?
FIND TIME
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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
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
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