#
(a) Find the simple interest on 10000 Rs for 2 year at 12 %per annum. Also, find the

amount.

## Answers

Answered by

0

Amount=10000+2400=12400

SI=10000×12×2/100=2400

Answered by

24

__Given__ :-

- Principal (P) =
**Rs****1000****0** - Rate (R) =
**1****2****%** - Time (T) =
**2****years**

**To ****Find**** ****:****-**

**To**

**Find**

- Simple Interest and Amount

__Solution__ :-

➞ Simple Interest = P × R × T / 100

➞ Simple Interest = 10000 × 12 × 2 / 100

➞ Simple Interest = 100 × 12 × 2

➞ Simple Interest = 100 × 24

**➞ Simple Interest = ****Rs ****2****4****0****0**

_______________

⟾ Amount = Principal + Simple Interest

⟾ Amount = 10000 + 2400

**⟾ Amount = Rs 12400**

_______________

__Therefore__ :

- Simple Interest =
**Rs 2400** - Amount =
**Rs****1****2****4****0****0**

_______________

### ★ __Additional Info__ :

**Principal**: The money which we deposit in or the lower from the bank or the money learned called the principal.**Rate of interest**: The interest paid on Rs, 100 for one year is called the rate per cent per year or rate per cent per annum.**Time:**The period of time for which the money is lent or invested.- Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
**Simple Interest**: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.**Amount**: The total money paid back to the lender is called the amount.

________________

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