Question

what will be the simple interest earned on an amount of rupees 988 at 18% per annum at the end of 5 years

Answer 1

889.2 Rupees Is the Right Answer

Answer 2

hey dear



here is your answer





Solution




Given


Principal = rupees 988.


Rate = 18% per annum


Time = 5 years



we have to find SI =?


we use formula of SI

SI = P * R * T / 100




SI = 988 * 18 *5 / 100



SI = 88,920 /100



hence your answer is. 889.2


So simple interest is 889.2


hope it helps


thank you