Question

Exercise 2.4
1. Find the simple interest on 35,000 at 9% per annum for 2 years
2. Aravind borrowed a sum of 28,000 from Akash at 7% per ann
amount to be paid at the end of two years,
3. Sheela has paid simple interest on a certain sum for 4 years at 9​

Answer 1

The questions are of which class?

Answer 2

Answer:

1. P= 35000

N =2

R =9%

I =35000×2×9÷100

= 350×18

=6300