The simple intrest is ________when Rs.800 is deposited for nine months at 6% per annum.?

Question

It ia a mathematic question you have to fill the blank.

Answer 1

The formula for simple interest is
I = Prt
Interest = Principal times rate times length of time
So I = 800(.06)(.75) the .75 is nine months of the year
I = 36

Answer 2

The formula for interest is I=PRT

I stands for interest
P stands for Principal, or the amount of money to begin with
R stands for the rate in decimal form
T stands for time

I will convert 9 months into 9/12 which is 0.75

I=800*0.06*0.75
I=Rs.36

You will gain Rs.36, so your total value is Rs.836.