Principal amount - 1000
Rate- 10%
Time- 9 yrs
SI= PxRxT/100
SI= 1000x10x9/100
SI=900
using the formula of simple interest
SI=P×R×T/100
Where:
Principal = 1000
Rate = 10
Time= 9 yrs
SI=1000*10*9/100 = 900........... simple interest = 900
I hope u got the answer. by the given formula u can solve any questions based on simple interest.
let me know if u need more help. ...THANKUU!!!
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile