Question

the simple interest on rupees 400 for 4 year at 6% per annum​

Answer 1

Answer:

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Step-by-step explanation:

. A sum of Rs 400 is lent for 3 years at the rate of 6% per annum. Find the interest. Solution: Principal amount P = Rs 400. Time period T = 3 years. Rate of interest R = 6% p.a. We know that simple interest = (P × T × R)/100. On substituting these values in above equation we get. SI = (400 × 3 × 6)/100 = Rs 72. 5.