Calculate simple interest :
1 answer:
Answer:
the simple interest in both cases is 200 and 756 respectively
Step-by-step explanation:
The computation of the simple interest is shown below:
As we know that
Simple interest = P × r% × t
So
a. Simple interest is
= 2,500 × 8% × 1
= 200
b. The simple interest is
= 4,200 × 6% × 3
= 756
Hence, the simple interest in both cases is 200 and 756 respectively
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