Question

find simple intrest on the principle Rs.300 , rate of interest 5% per annum for 2 years?​

Answer 1

$Principal=300 \\ Rate\:of \: Interest=5 \\ Time=2\:years \\ SI=\frac{P \times R \times T}{100} \\\\ =\frac{300 \times 5 \times 2}{100} \\\\ =\frac{3000}{100} \\\\ =30$