Calculate the simple interest on ₹6000 at 4% per annum for 6 months.

1.	Calculate the simple interest on ₹6000 at 4% per annum for 6 months.
Answer» Answer: Given principal amount (P) = ₹6000 Given RATE of interest (R) = 4% per annum Given time period (T) = 6 months = 1/2 years Simple interest = P x R x T / 100 ⇒ $\frac{60004}{100}$ × $\frac{1}{2}$ ⇒ 60 4 * $\frac{1}{2}$ ⇒ 240 * $\frac{1}{2}$ ⇒ ₹120 ∴ HENCE, the simple interest is of ₹120. (don't ask me from where i GOT the ruppee symbol) Thnx and have a nice day! ✌(●'◡'●)

Answer»

Answer:

Given principal amount (P) = ₹6000

Given RATE of interest (R) = 4% per annum

Given time period (T) = 6 months = 1/2 years

Simple interest = P x R x T / 100

⇒ $\frac{6000*4}{100}$ × $\frac{1}{2}$

⇒ 60 * 4 * $\frac{1}{2}$

⇒ 240 * $\frac{1}{2}$

⇒ ₹120

∴ HENCE, the simple interest is of ₹120. (don't ask me from where i GOT the ruppee symbol)

Thnx and have a nice day!

✌(●'◡'●)

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