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What would be the simple interest on an amount of Rs. 9600 at the rate of 6% per annum after 3 years? - Mathematics and Statistics

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प्रश्न

What would be the simple interest on an amount of Rs. 9600 at the rate of 6% per annum after 3 years?

बेरीज
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उत्तर

Given Principal P = ₹ 9600

Rate of interest R = 6% p.a.

Number of years = T = 3

Simple Interest I = `"PRT"/100 = (9600 xx 3 xx 6)/100`

= 96 × 18

= 1728

∴ Simple interest after 3 years would be  ₹ 1728

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Simple and Compound Interest (Entrance Exam)
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पाठ 9: Commercial Mathematics - Exercise 9.3 [पृष्ठ १३०]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 11 Standard Maharashtra State Board
पाठ 9 Commercial Mathematics
Exercise 9.3 | Q 1 | पृष्ठ १३०

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