Sachin borrowed ₹800 for 3 years at the rate of 5% per annum.
Find the simple interest he pays.
Answers
Answered by
2
Answer:
Rs.120
Step-by-step explanation:
Principal (P) = Rs.800
Rate (R) = 5% p.a.
Time (T) = 3 years
Simple Interest (SI) = PRT/100
=> SI = 800×5×3/100
=> SI = Rs.120
Answered by
0
Answer:
S.I. = (principal×rate×time)/100
S.I.= 800×5×3/100
S.I. = 120Rs.
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