what is the interest on 12000 for 4years at rate 12percent per annum
Answers
Answered by
1
Answer:
Step-by-step explanation:
given ,
principal = 12000
time = 4 years
rate of intrest = 12%
S.I = ptr / 100
= 12000 x 4 x 12 / 100
= 5760
amount = S.I + principal = 12000 + 5760 = 17600
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Answered by
9
Answer :-
- The interest is Rs 5760.
To find :-
- The interest on Rs 12000 for 4 years at the rate of 12 percent per annum.
Step-by-step explanation :-
- Here, the principal, rate and time have been given to us. We have to find the interest.
We know that :-
Here,
- Principal = Rs 12000.
- Rate = 12% per annum.
- Time = 4 years.
Hence,
Cutting off the zeroes,
Now let's multiply the remaining numbers since we can't reduce them anymore.
Multiplying the numbers,
- Hence, the interest is Rs 5760.
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