simple interest on 5percent per annum for 3 years is rs 1200
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5
Simple Interest=
=1200×5×3/100
=12×5×3
=60×3
=180
Hence, the simple interest is Rs.180
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3
- Answer: Step-by-step explanation: PRI divide by 100 This is the formula P = 1200 Time = 3 Years Rate= 5% 1200= 3* 5÷ 100 1200= 3*5*P diivide by 100 1200*100=3*5 120000=15 Answer :8000 Rs 8000
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