The simple interest on the amount of Rs.7200 for a period of 6 months at 8% per annum is * ​

Question

The simple interest on the amount of Rs.7200 for a period of 6 months at 8% per annum is * ​

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Ximena 1 month 2021-08-18T07:11:41+00:00 1 Answer 0 views 0

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    2021-08-18T07:13:29+00:00

    Answer:

    Simple Interest = ₹288

    Step-by-step explanation:

    Principal (P) = ₹7200

    Time (T) = 6 months = 0.5 year

    Rate of Interest (R) = 8% p.a.

    Simple Interest = (P x T x R) / 100 = (7200 x 0.5 x 8) / 100 = 28800/100 = ₹288

    ∴ Simple Interest = ₹288

    Hope it helps!!! Please mark Brainliest!!!

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