Question

2 lakh 12 month and 2% intres hows

Answer 1

simple interest = principal×rate ×no. of years/100
S.I.=PNR/100
=200000×1×2/100
=2000×2
.=4000
4000 is the simple interest

Answer 2

simple interest = principal × number of years × rate of interest/100
simple interest = PNR/100
SI=200000×1×2/100
=2000×2
=4000Rs