Question

1. The simple interest on Rs.4,000 at 12% for 2 years is Rs.________.​

Answer 1

Answer:

Step-by-step explanation:

simple interest= prt/100

P = rs4000

R = 12%

T = 2 yrs

= 4000*12*2/100

= 96000/100

= RS. 960

Answer 2

Answer:

Rs. 960 is the Simple Interest on Rs.4,000 at 12% for 2 years.

Step-by-step explanation:

Given:

⇒ Principal (P) = Rs. 4000

⇒ Rate % (R) = 12%

⇒ Time (T) = 2 years

Asked:

Simple Interest = ?

Resolution:

Simple Interest = $\frac{PRT}{100}$

= $\frac{4000*12*2}{100}$

= 40×12×2

= Rs. 960

Therefore, the simple interest on Rs. 4,000 at 12% for 2 years is Rs. 960.