[tex]\large\underline{\underline{\red{\rm\blue{\longmapsto} Step-by-step\: Explanation:-}}}[/tex]
Here , the given data is :
We can calculate Simple Interest using ,
[tex]\boxed{\purple{\bf Simple\: Interest=\dfrac{P\times\:R\:\times\:T}{100}}}[/tex]
On substituting the respective values ,
⇒ SI = P × R × T / 100.
⇒ SI = Rs 4400 × 8 × 3 / 100 .
⇒ SI = Rs 44 × 8 × 3 .
⇒ SI = Rs 1,056 .
Hence the required Interest is Rs 1,056.
