Question

Find the simple interest and the amount when
Principal$=Rs.9600,rate=7.5\%p.a$ and $time=5years$

Answer 1

$P=Rs9600T=5yearsR=7.5$%

$S.I=\frac{PRT}{100}=\frac{9600\times 7.5\times 5}{100}=Rs3600$

$\therefore Amount=P+S.I=(9600+3600)=Rs13,200$