Sophia deposited Rs 8,000 in a post office for 5 years at the rate of 9% p.a. simple interest. Find the interest earned.

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Solution

Principal = Rs.8,000

Time= 5 years

Rate = 9% p.a.

Simple Interest

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Sophia deposited Rs 8,000 in a post office for 5 years at the rate of 9% p.a. simple interest. Find the interest earned.

Principal = Rs.8,000 Time= 5 years Rate = 9% p.a. Simple Interest

Principal = Rs.8,000

Time= 5 years

Rate = 9% p.a.

Simple Interest