Question

what is the interest of one lakh rupees in 3 years at the rate of interest 7.5%?​

Answer 1

Answer:

Sorry I don't know the answer because I haven't learnt it .

Answer 2

Step-by-step explanation:

Principal = ₹1,00,000

Rate = 7.5%

Time = 3 years

Simple Interest = ?

S.I. = (P×R×T)/100

= ₹(1,00,000×7.5×3) / 100

= ₹(1,00,000×75×3) / (100×10)

= ₹(1,00,000×75×3) / 1000

= ₹(2,25,00,000 / 1000)

= ₹22,500