sheelapd2 sheelapd2
  • 11-10-2020
  • Mathematics
contestada

find the simple intrest on rs 1200 at 5%per annum for 2 years

Respuesta :

aditikarkee01
aditikarkee01 aditikarkee01
  • 11-10-2020

Answer:

Rs.120

Step-by-step explanation:

given,

Principal (P) = Rs.1200

Time (T) = 2 yrs

Rate (R) = 5%

Simple interest = ?

solution,

simple interest = PTR/100

= Rs.1200*2*5/100

= Rs.12000/100

= Rs.120

Therefore,the simple interest is Rs.120.

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