Question

rummy takes a loan of rs 14000on 6% rate of intrest per annum for 5 monts . calculate the simple intrest ?​

Answer 1

Answer:

simple interest= Rs.350

Step-by-step explanation:

as, S.I.=p*r*t/100

so rate=6%

time=5/12 years

principle=Rs. 14000

therefore, S.I.=14000*6*5/12*100

                       =Rs.350(answer)