Question

b) Find the simple interest and the
amount when:
Principal amount = 2650, Rate of
Interest = 8% p.a. and Time = 2 12 years​

Answer 1

Step-by-step explanation:

Principal=2650

Rate%=8

T=5/2years

Simple interest=prt/100

=(2650×8×5/2)/100

=2650×8×5/100×2

Simple interest=530

Answer 2

here, p=2650

r=8 percent

t= 2 years

si = p×t×r/100

=2650×2×8/100

=42400/100

=Rs.424