Question

The simple interest on Rs.600 at an
annual rate of interest of 8% for 4
years is Rs.​

Answer 1

Step-by-step explanation:

SI=P×R×T÷100

SI=6000×8×4÷100

SI=480×4

SI=1920

SI=1920-600

SI=1320

Answer 2

Given : Rs.600 at an annual rate of interest of 8% for 4 years.

To find : The simple interest.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the simple interest)

In this case,

• Principal amount (P) = Rs. 600
• Rate per annum (r) = 8%
• Time (T) = 4 years

So, the simple interest will be :

= (P × r × T)/100

= (600 × 8 × 4)/100

= Rs. 192

(This will be considered as the final result.)

Hence, the simple interest on Rs. 600 at an annual rate of interest of 8% for 4 years is Rs. 192