Question

Principal =970,Rate=7% p.a Time =3yrs find Sinterest​

Answer 1

Answer:

If Principal =970,Rate=7% p.a Time =3yrs , then simple interest​ is 203.7 Rs.

Step-by-step explanation:

Given:

Principal (P) = 970,

Rate (R) = 7% p.a

Time (N) = 3yrs

Find Simple interest​

Formula : Simple interest =  $\frac{P \times N \times R}{100}$

Simple interest

 $=\frac{P \times N \times R}{100}\\= \frac{970 \times 3 \times 7}{100}\\= \frac{20370}{100}\\=203.7 Rs$

Hence simple interest is Rs 203.7.

Answer 2

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