Question

27. Find the simple interest on Rs. 2,000 for 4 years at the rate of 8% per annum.​

Answer 1

Answer:

Answer - 2640

Step-by-step explanation:

Simple Interest = PTR by 100

SI = 2000 × 4 × 8 by 100 = 640

Simple Interest = Amount + Principle

SI = 640+2000

= 2640

Simple Interest = 2640

Answer 2

Given :

• Principal = Rs. 2000
• Time = 4 years
• Rate = 8%

To Find :

• Simple Interest .

Solution :

$\longmapsto\tt{Principal(P)= Rs. 2000}$

$\longmapsto\tt{Time(T)= 4 years}$

$\longmapsto\tt{Rate(R)= 8\%}$

Using Formula :

$\longmapsto\tt\boxed{Simple\:Interest=\dfrac{P\times{R}\times{T}}{100}}$

Putting Values :

$\longmapsto\tt{\dfrac{20{\not{0}}{\not{0}}\times{8}\times{4}}{1{\not{0}}{\not{0}}}}$

$\longmapsto\tt{20\times{8}\times{4}}$

$\longmapsto\tt{160\times{4}}$

$\longmapsto\tt\bf{Rs.640}$

So , The Simple Interest is Rs.640 ..

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• Amount = Principal + Interest
• Principal = Amount - Interest
• Simple Interest = P×R×T / 100
• Profit = S.P - C.P
• Loss = C.P - S.P
• Profit % = Profit × 100 / C.P
• Loss % = Loss × 100 / C.P

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