Principal = 300, Rate = 12% p.a., Time = 8 months.
Answers
Answered by
0
Answer:(300*12*8)/100=288Rs
Step-by-step explanation:
Prt/100 is the formula for finding interest.
Answered by
3
Answer:
Given :-
Principal = ₹ 300
Time = 2/3 year
Rate of interest = 12 %
What to find :-
Simple interest
Total amount to be paid
Formula to be used :-
SI = PTR/100
Total amount to be paid = Principal + SI
How to find :-
SI = PTR/100
= (300*(2/3)*12)/100
= (300*2*12)/300
= ₹ 24
SI = ₹ 24
Total amount to be paid = Principal + SI = 300 + 24 = ₹ 324
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