Principal=rs6400,rate= 6percentage P.a. and time = 24 month find SI?
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Answered by
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Given Principal = 6400, R = 6, Time n = 24 months = 24/12 years.
We know that SI = PTR/100
= > (6400 * 6 * 24)/(100 * 12)
= > 921600/1200
= > 768.
Therefore, Simple interest = 768.
Hope this helps!
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Answered by
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given
principal = 6400 , rate = 6% , time 24 months
converting months to years --
12 months = 1 year
24 months = 24/12 = 2 years
finding simple interest --
SI = PTR/100
= 6400 x 2 x 6 / 100
= 76800 / 100
= 768.
hence SI is 768.
hope it helps
principal = 6400 , rate = 6% , time 24 months
converting months to years --
12 months = 1 year
24 months = 24/12 = 2 years
finding simple interest --
SI = PTR/100
= 6400 x 2 x 6 / 100
= 76800 / 100
= 768.
hence SI is 768.
hope it helps
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