What is the simple interest on a sum of Rs 3200 at the rate of 7% per
annum for 2 years
Answers
Answered by
2
Answer:
★ The simple interest is ₹448.
Given:-
Principal = ₹3200
Rate = 7%
Time = 2years
To find:-
Simple interest
Solution:-
Simple Interest= 3200x2x7/100
Simple Interest= 32x7x2
Simple Interest= ₹448
Hence,
The simple interest is ₹448.
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Answered by
0
Answer:
448
Step-by-step explanation:
SI= PRT/100=3200×7×2/100
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