principle7200 Rate 7%p.a and time 5% FIND simple interest
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Formula used :-
Simple interest = principal × rate × time / 100
Amount = principal + Interest
Given = > Principle = 7200 Rs
Rate = 7% p. a
Time = 5 months = 5/12 year
Simple interest = 7200×7×5/100 × 12
= 210 Rs
Amount = p+ I
= 7200+210 = 7410 RS
Hope it will help you..
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Simple interest = principal x rate x time / 100
Simple interest = principal x rate x time / 100Amount = principal + Interest
Simple interest = principal x rate x time / 100Amount = principal + InterestGiven => Principle = 7200 Rs
Simple interest = principal x rate x time / 100Amount = principal + InterestGiven => Principle = 7200 RsRate = 7% p. a
Simple interest = principal x rate x time / 100Amount = principal + InterestGiven => Principle = 7200 RsRate = 7% p. aTime = 5 months = 5/12 year
Simple interest = principal x rate x time / 100Amount = principal + InterestGiven => Principle = 7200 RsRate = 7% p. aTime = 5 months = 5/12 yearSimple interest = 7200x7x5/100 x 12
= 210 Rs
Amount = p+I
Amount = p+I= 7200+210 = 7410 RS
Amount = p+I= 7200+210 = 7410 RSAnsul Sharma expert
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