Question

Calculate the Simple Interest on Rs 25000 for 2 years at
10% p.a.

Answer 1

Answer:

SI = Principal * Time Period * Rate of interest /100.

Here,

Principal =25000Rs.

Time period= 2 years

Rate of interest =10%

=25000*2*10/100

=500 Rupees.

Therefore 500Rs. is the answer.