Math, asked by rids91, 6 months ago

16. Find the simple interest for the principal amount Rs.40,000 at the rate of 8% per annum for 2 years.

Answers

Answered by aayushsharma7956

2

Answer:

THE SI IS ₹6400

Step-by-step explanation:

PARAMETERS GIVEN,

PRINCIPAL=₹40OOO

RATE%=8%

TIME=2 YEARS

SO,

WE KNOW,

SI=PRT/100

=(40000*8*2)/100

=400*16

=₹6400

I HOPE YOU UNDERSTOOD THE QUESTION

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