Find the simple interest and amount for Rs 750 50 for 3 years at 8% per annum - Maths - Comparing Quantities

Question

Find the simple interest and amount for Rs 750 50 for 3 years at 8%
per annum

Priyanka Kedia · Accepted Answer

Dear Student,

Given, Principal amount, P=Rs 750
50Time period, T= 3 yearsRate of interest, R=8% per annumS
I =P×R×T100⇒S I =750 50×3×8100⇒S
I =180 12Thus, Amount=P+S I =750 50+180 12=930 62Hence, S
I =Rs 180 12  and  Amount=Rs 930
62

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Find the simple interest and amount for Rs. 750.50 for 3 years at 8% per annum.