Question

What is the simple interest on rs 4000 for 18 months at 12% annual rate of interest?

Answer 1

Step-by-step explanation:

principal= 4000

rate= 12%

time= 18 months

therefore, S.I.= p x r x t by 100

=} 4000 x 12 x 18 by 100x 12

reduce it into lowest term then your answer will be

=} rs 720