Question

Rs8000for3year3manthat6×1÷2%pur annum find simple intrest​

Answer 1

Simple Interest = Rs1560

Explanation:

A = P (1 + rt)

A = final amount

P = initial principal balance = Rs8000

r = annual interest rate =
`6(1)/(2)`% = 0.065

t = time (in years) = 3 years

A = 8000*(1 +(0.065*3)) = 8000*(1+0.195) = 8000*(1.195) = 1560

Simple Interest (A) = Rs1560