Question

principal rupees 2400 time 3 years rate 16 find the interest​

Answer 1

Answer:

$1152$

Step-by-step explanation:

Given data:

• Principal $=2400$, Time period $=3$ years, Rate of interest $=16%$

• Formula to find simple interest

$=\frac{PTR}{100}$

• On substituting the values in the above formula, we get

$=\frac{2400\times3\times16}{100}$

• On simplifying the above expression, we get

$1152$

Hence, the interest is $1152$.

Answer 2

Given data,

The principal amount is given as $2400$ rupees.

Time is given as $3$ years.

The rate of interest is $16$%

Now we have to find the simple interest.

Simple interest formula is given as

$SI=\frac{P TR}{100}$

Here from the given data

$P=2400\\T=3\\R=16$

Substitute these values in the formula.

$\frac{2400\times3\times16}{100}$

$24\times3\times16$

$1152$

Therefore, the simple interest is $1152$