Question

find the simple interest and amount when principal is equals to rupees 1500 rate is equals to 12% per annum and time will be three years and three months​

Answer 1

585

Explanation:

3 years + 3 months

=3years + 3/12 years

=3years + 1/4 years

=13/4 years

SI = 1500× 12/100 × 13/4

= 585