Question

8. Find the simple interest on Rs. 2000 for 3 years 6 months at 6% per annum. Also find the amount. In detail​

Answer 1

Answer:

interest= Rs. 420 and the amount is Rs. 2420

Step-by-step explanation:

let P=2000

rate(r)= 6%

time(t)= 3 yrs 6 mnths=3.5 yrs

so the simple interest

= Ptr/100

= 2000×3.5×6/100

= 420

The amount will be 2000+420=2420

Answer 2

Simple Interest = ₹420

Amount = ₹2420

Step-by-step explanation:

GIVEN

Principal = ₹2000

Rate = 6%

Time = 3 years 6 months = 3.5 years

___________________________

TO FIND

Simple Interest And Amount

___________________________

We know that,

Simple Interest = ( Principal × Rate × Time ) / 100

Simple Interest = ( 2000 × 6 × 3.5 ) / 100

Simple Interest = 42000 / 100

Simple Interest = 420

Simple Interest = ₹420

___________________________

Now

Let's find the amount

We know that,

Amount = Principal + Simple Interest

Amount = 2000 + 420

Amount = 2420

Amount = ₹2420