Question

principle=180, rate of interest per annum=3 % , time period = 8 months​

Answer 1

interest = 3.6

Step-by-step explanation:

p = 180

r = 3% = 3/100

t = 8 months = 8/12

I = ?

I = p × r × t

= 180 × 3/100 × 8/12

= 3.6

Answer 2

Answer:

P = 180 , R = 3% , T = 0.75 year

PRT/100

$= \frac{180 \times 3 \times 0.75}{100}$

= 4.5