simple interest on rs 12 000 after 5 1/2 years at the rate of 7% p.a is rs
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Answered by
0
Answer:
4620
Step-by-step explanation:
Answered by
0
Answer:
Simple Interest = ₹4620
Step-by-step explanation:
Principal = p = 12000
Time period = t = 11/2 yrs
Rate = r = 7
Simple interest = si = ptr/100
si = (12000×11/2×7)/100
si = 60×7×11 = 60 × 77 = 4620
•°• Simple Interest = ₹4620
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