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Question Number 27015 by sirigidiravikumar@gmail.com last updated on 01/Jan/18

$$findthesimpleintrestonrs840for3yearat$$$$at5\mathrm{\%}perannum?$$

Commented by Rasheed.Sindhi last updated on 01/Jan/18

$$\mathrm{Per}\mathrm{year}\mathrm{interest}=5\mathrm{\%}\mathrm{of}840$$$$=840\times \frac{5}{100}=\mathrm{Rs}.42$$$$\mathrm{Simple}\mathrm{interest}\mathrm{of}3\mathrm{years}$$$$=42\times 3=\mathrm{Rs}.126$$

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