the simple interest on Rupees 12500 at 12% per annum for 3 years is
Answers
Answered by
5
Answer:
Step-by-step explanation:
12500*12*3/100 solve this and you get 4500 simple interest
Answered by
20
SOLUTION:-
We have,
•Principal,(P)=Rs.12500
•Rate,(R)= 12% p.a.
•Time,(T)= 3 years.
Therefore,
Simple Interest:
Simple Interest is the rate at which we borrow money.
Formula of S.I.
So,
Thus,
The Simple Interest is Rs.4500.
Hope it helps ☺️
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