Respuesta :

Answer:

Rs.120

Step-by-step explanation:

given,

Principal (P) = Rs.1200

Time (T) = 2 yrs

Rate (R) = 5%

Simple interest = ?

solution,

simple interest = PTR/100

= Rs.1200*2*5/100

= Rs.12000/100

= Rs.120

Therefore,the simple interest is Rs.120.