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If P = ₱4,500, r = 1.25% and t = 6 months, find the simple interest (). ​

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✏ If P = ₱4,500, r = 1.25% and t = 6 months, find the simple interest

[tex]\huge\sf\color{pink}ANSWER[/tex]

SIMPLE INTEREST = PERCENTAGE × RATE × TIME

S = P × R × T

S = 4,500 ×1.25% × 6

S = ₱337.5

Simple interest = ₱337.5

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