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Principal- 1200 Rate of Interest-15% Time-8 April to 20 June,Find Simple interest. plz answer this.. |
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Answer» Answer:The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectivelyStep-by-step explanation:DAYS from 8 April to 20 June = 42 dayPrincipal = Rs.1200Rate of interest = 15%SI = \frac{P \TIMES R \times T }{100}SI= 100P×R×T SI = \frac{1200 \times 15 \times 42}{365 \times 100}SI= 365×1001200×15×42 SI = 20.7123SI=20.7123Amount = Principal + SI = 1200+20.7123 = Rs.1220.7123Hence The simple interest and amount is Rs.20.7123 and Rs.1220.7123 respectively |
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