Question

Find simple interest if P = 20,000, R = 4.5% and T = 2 years.​

Answer 1

Here is Your Answer Mate!

P = RS 20,000

R = 4.5%

T = 2 YEARS

SI =

$p \times t \times r \div 100$

$20000 \times 2 \times 4.5 \div 100$

$400 \times 4.5$

SI = 800