simple interest on a sum of money for 3 yrs at 6/1/4% per annum is $2400
what will be the c.interest on that sum at the same rate for the same period
Answers
Answered by
0
Answer:
Principal amount = 2400
Rate of interest = 6 1/4 = 25/4
Time = 3 yrs
Simple interest = PRT/100
= 2400×25×3/4 ×100
= 450
Answered by
0
Answer:
2400×24/400×3 will be the answer. Now you can answer it with ease friend.
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