Question

2
1. Find the simple interest and amount on a
sum of 10,000 for 2 years at a rate of 8%
per annum​

Answer 1

Question:

Find the simple interest and amount on a

sum of 10,000 for 2 years at a rate of 8%

per annum​.

Answer:

=1,600

Explanation:

Simple interest = $\frac{P*T*R}{100}$

P(Principal)=10,000

T(Time Period)=2 years

R(Rate)=8% per annum

$=\frac{P*T*R}{100} \\\\=\frac{10,000*2*8}{100} \\\\=1,600$

Answer 2

I = PRT/100

I = 10000*2*8/100

I = 1600

Please mark as brainliest answer