Answer:
Rs 1260
Step-by-step explanation:
simple interest (I) is calculated as
I = [tex]\frac{PRT}{100}[/tex] ( P is the principal, R the rate of interest and T the time in years )
here P = 12,600, R = 5 , T = 2 , then
I = [tex]\frac{12600(5)(2)}{100}[/tex] = 126 × 10 = Rs 1260
Answer:
Rs. 11,340
Step-by-step explanation:
P = 12,600
R = 5%
T = 2 years
S.I = P - A
A = PRT/100
= 12600 x 5 x 2/100 = 1260
S.I = 12600 - 1260
= Rs. 11,340
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