Find simple interest on ₹6000 at 212%p.a.for 3 years.
Finding the simple interest
Given, Principal=₹6000, rate =52p.a and time =3years
SI=p×r×t100⇒SI=6000×5×3100×2=450
Hence, the simple interest is Rs450
Simple interest on a certain sum for 252years at 10%p.a.is Rs975more than the simple interest on the same sum for 312years at 8%p.a.find the sum and what will be the amount in 4years at 7%p.a.simple interest.
The simple interest on a certain sum for 5years at 8%p.a. is Rs200less than the simple interest on the same sum for 3years and 4months at 18%p.a.find the sum.
A. Find the simple interest and the amount on rs1200 for 2 years at 12% p.a.