1. Find the simple interest on :
(i) *350 for 2 years at 11% per annum
Answers
Answered by
5
Step-by-step explanation:
SOLUTION:-
Given:
⚫Principal,(P)= Rs.350
⚫Time,(T)= 2 years
⚫Rate, (R)= 11%
We know that, Simple Interest;
Simple Interest is money we can earn by initially investing some money.
Formula:
\begin{gathered}= > S.I. = \frac{P\times R\times T}{100} \\ \\ = > \frac{350 \times 11 \times 2}{1 00} \\ \\ = > \frac{35 \times 11}{5 } \\ \\ = > 7 \times 11 \\ \\ = > Rs.77\end{gathered}
=>S.I.=
100
P×R×T
=>
100
350×11×2
=>
5
35×11
=>7×11
=>Rs.77
Hope it helps ☺️
Answered by
7
Answer:
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