Question

Calculate the simple interest and amount on ₹ 2400 for 3 years at 5% per annum.​

Answer 1

Answer:

Interest= ₹2400×3×5/100

or, 24×15

or, 360

Amount=₹2400+360

or, ₹2760.

Answer 2

Answer:

The simple interest is 360

Step-by-step explanation:

S.I.=$\frac{PRT}{100}$

    =2400*3*5

    =$\frac{2400*5*3}{100}$

    = 24*5*3

    = 120*3

    =360