Principle=180, rate of interest per annum=3 % , time period = 8 months – InterviewSolution

1.

Principle=180, rate of interest per annum=3 % , time period = 8 months

Answer»

interest = 3.6

Step-by-step EXPLANATION:

p = 180

r = 3% = 3/100

t = 8 months = 8/12

I = ?

I = p × r × t

= 180 × 3/100 × 8/12

= 3.6

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