1.

Principle Rs4800 rate 7.5% pcpa and time 2 years

Answer»

Given:

  • Principal = Rs. 4800
  • Rate = 7.5 %
  • Time = 2 years

What To FIND:

We have to find the simple interest.

Formula For Finding:

\sf{Simple \: Interest = \dfrac{PRT}{100}}

Solution:

USING the formula,

⇒ \sf{Simple \: Interest = \dfrac{PRT}{100}}

Substitute the values,

⇒ \sf{Simple \: Interest = \dfrac{4800 \times 7.5 \times 2}{100}}

Cancel the zeros,

⇒ \sf{Simple \: Interest = 48 \times 7.5 \times 2}

Multiply the numbers,

⇒ \sf{Simple \: Interest = Rs. \: 720}

∴ THEREFORE, the simple interest is Rs. 270.


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