the simple interest on rs 6400 for 3 years at 24% p.a.is
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Given : Principal (P) = ₹6400
Time period (N) = 3 years
Rate of interest (R) = 24 p.c.p.a.
To find : Simple Interest (SI)
Solution :
We will use the formula of Simple Interest
Simple Interest =
☛ SI =
The two zeroes of 6400 and 100 gets cancelled
☛ SI = 64 × 3 × 24
☛ SI = 4608
∴ Simple Interest is
Time period (N) = 3 years
Rate of interest (R) = 24 p.c.p.a.
To find : Simple Interest (SI)
Solution :
We will use the formula of Simple Interest
Simple Interest =
☛ SI =
The two zeroes of 6400 and 100 gets cancelled
☛ SI = 64 × 3 × 24
☛ SI = 4608
∴ Simple Interest is
yash842004:
hii
Answered by
4
Find the Simple Interest on Rs. 6400 for 3 years at 24% p.a.
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S.I. = Rs. 4608
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Principal = Rs. 6400
Rate = 24%
Time = 3 year
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