Question

Find SI if P=1700, R=10%, T=2years​

Answer 1

see..itz so simple....

Answer 2

Required Answer :

The simple interest = Rs. 340

Given :

• Principal = Rs. 1,700
• Rate = 10%
• Time = 2 years

To find :

• Simple Interest = ?

Knowledge required :

Formula to calculate simple interest, when principal, rate and time is given :

• S.I. = (P × R × T)/100

where,

• S.I. denotes the simple interest
• P denotes the principal
• R denotes the rate%
• T denotes the time

Solution :

Here, in this question we are given the value of principal, rate and time and we need to find the simple interest. To find the value of simple interest, directly substitute the given values in the formula of simple interest.

⇒ Simple interest = (1700 × 10 × 2)/100

⇒ Simple interest = 170 × 2

⇒ Simple interest = 340

Therefore,

• The simple interest = Rs. 340