Question

Principal amount=1300rs, rate of interest=2% monthly, time=3/2

Answer 1

Answer:

The answer would be-

Principal=Rs1300

Rate of Interest=2% per annum or month

Time=3/2

Simple Interest=P×R×T

-----------

100

So, 1300×2×3

------------

100

The answer will be total

=78

So the S.I is Rs78

If you want the amount it will be

=P+S.I=1300+78=1378

Therefore the Simple Interest is Rs78

The amount is Rs1378

Hope this is correct...

And I think it would be useful