What would be the simple interest on a sum of Rs. 2018 for 3 years term at 14% p.a. interest rate?
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Answer:
Principal=2018
Time=3 years
Rate= 14%
Simple interest= PRT/100
=2018*3*14/100
= 84756/100
=847.56
Answered by
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s= 2018
t= 3 year
r= 14 %
s = p×r×t
by 100
2018= p× 14× 3
by 100
p =2018×100
by 14× 3
answers 3633.3
by 7
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