Maths-

General

Easy

Question

# Find the simple interest on Rs. 8000 at 16 % per annum for 9 months?

Hint:

### Use the formula of simple interest and proceed.

## The correct answer is: 1000 Rupees

### Complete step by step solution:

We calculate simple interest by the formula,

where P is Principal amount, T is number of years and R is rate of interest

Here, we have

On substituting the known values we get,

On further simplifications, we have rupees.

Thus, SI = 1000 Rupees.

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