proncioal= rupees 5000, Rate of interest = 8 percent per annum, Time = 3 years,. Find interest.
Altmile:
simple?
compound?
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2
Principal ( P) = 5000Rs .
Rate of interest ( R) = 8 percent per annum .
Time ( T) = 3 years.
Interest = PTR / 100 = 5000 * 8 * 3 / 100 = 50*8*3 = 50*24 = 1200 Rs.
Hope helped!
Rate of interest ( R) = 8 percent per annum .
Time ( T) = 3 years.
Interest = PTR / 100 = 5000 * 8 * 3 / 100 = 50*8*3 = 50*24 = 1200 Rs.
Hope helped!
Answered by
0
Simple interest:-
Interest=(Principle*Time*Rate of interest)/100
=(5000*3*8)/100
=120000/100
=1200
The interest is Rs.1200
Interest=(Principle*Time*Rate of interest)/100
=(5000*3*8)/100
=120000/100
=1200
The interest is Rs.1200
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