Answer:

Given,

P=₹300000

R=12%

T=3

S.I=?

S.I=(P×R×T)/100

S.I=(300000×12×3)/100

S.I=3000×12×3

S.I=108,000

Step-by-step explanation:

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Verified answer

Information provided with us:

➪ Principal

[tex]\implies \sf \:300000\: Rs [/tex]

➪Time

[tex]\implies \sf \: 3 \: years[/tex]

➪ Rate of Interest

[tex] \sf\implies \: 12 \: \% \: per \: annum[/tex]

What we have to calculate༄

➪The required simple interest

✰Formula used ༄

[tex]\clubsuit \: \rm \:Simple \: Interest : [/tex]

[tex] \longrightarrow\bigstar \: \: \sf\boxed{\bold{\orange{ \bigg(\dfrac{P \times R \times T}{100}\bigg)}}}\: \: \: \bigstar\\[/tex]

✰Where ༄

• ➡ P = Principle

• ➡ R = Rate of Interest

• ➡ T = Time

✰Now ༄

• ➡ Substitute the given values in above formula and solve

[tex] \longrightarrow\bigstar \: \: \sf\boxed{\bold{\green{ \bigg(\dfrac{300000\times 12 \times 3}{100}\bigg)}}}\: \: \: \bigstar\\[/tex]

[tex] \longrightarrow\bigstar \: \: \sf\boxed{\bold{\red{ \bigg(\dfrac{10800000}{100}\bigg)}}}\: \: \: \bigstar\\[/tex]

[tex] \longrightarrow\bigstar \: \: \sf\boxed{\bold{\blue{108,000 \:Rs }}}\: \: \: \bigstar\\[/tex]

✰Therefore༄

[tex] \rm \therefore \: Thus \: required \: simple \: interest\:is [/tex]

[tex] \implies\bigstar \: \: \sf\boxed{\bold{\gray{108,000 \:Rs }}}\: \: \: \bigstar\\[/tex]