Question

(a) P = 400, R = 5% per annum, T = 2 years​

Answer 1

Answer :-

Given :-

• Principal = Rs. 400
• Rate of interest = 5% p.a.
• Time = 2 years

To Find :-

• Simple interest

Solution :-

We know that,

Simple interest = P × R × T / 100

Substituting the value in formula -

Simple interest = 400 × 5 × 2 / 100

= 4 × 5 × 2

= 20 × 2

= 40

Simple interest = Rs. 40

Answer 2

Answer:

simple interest = 40

Step-by-step explanation:

simple interest formula is

principal×rate of interest×time/100

400×5×2/100 =40