Find the simple interest on rupees 48000 for 2 years at the rate of 16

1.	Find the simple interest on rupees 48000 for 2 years at the rate of 16% p.a also find the amount
Answer» $\huge\mathcal{Heya!}$ $\text{[math]}$ PRINCIPAL = RS 48000 Time = 2 years Rate = 16% S.I = P×R×T/100 S.I = 48000×16×2/100 S.I = Rs 15360 Amount = S.I + Principal Amount = Rs15360 + Rs 48000 Amount = Rs 63360 Hope this HELPS :)

Find the simple interest on rupees 48000 for 2 years at the rate of 16% p.a also find the amount

Answer»

$\huge\mathcal{Heya!}$

$\text{[math]}$

PRINCIPAL = RS 48000

Time = 2 years

Rate = 16%

S.I = P×R×T/100

S.I = 48000×16×2/100

S.I = Rs 15360

Amount = S.I + Principal

Amount = Rs15360 + Rs 48000

Amount = Rs 63360

Hope this HELPS :)

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Find the simple interest on rupees 48000 for 2 years at the rate of 16% p.a also find the amount​

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Find the simple interest on rupees 48000 for 2 years at the rate of 16% p.a also find the amount