Question

8. Simple interest is given by I= PTR. If
P: 2.900 T = 2 years; and R = 5%, find the simple interest​

Answer 1

Answer:

Given,

principal=2.900,time=2 years,rate=5%

S.I=p×r×t÷100

=2.900×5×2÷100

=29÷100

=0.29

Hope it helps! ☺️