Simple Interest Of P - Rs 600 , RI - 4 , T - 3/2
Answers
Answered by
1
Step-by-step explanation:
simple interest =p(1+rt)
=600(1+4×3/2)
=600(1+6)
=600(7)
=4200
Answered by
0
Given:
We have to find the value of simple interest.
As we know that , the simple Interest of an amount is calculated by multiplying the interest rate by the principal amount and the time period.
The formula is used to calculate the SI is:
Where,
P = Principal Amount
T = Time in Years
R = Rate of Interest per Annum.
We are solving in the following way:
We have,
Now,
Solving the above equation further we get,
The simple interest is.
Hence, the simple interest will be.
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