Question

find the amount and simple interest if p=137000,time=2years,rate=10%​

Answer 1

Answer:

Interest = 27400 , Amount = 164400

Step-by-step explanation:

P = 137000

T = 2 years

R = 10 %

formula for calculating simple interest is equal to I I = P×R×T/100

I = 137000 × 2 × 10 / 100

I = now 10 cancel with 100

I = 137000 × 2 / 10

I = now 2 cancel with 10

I = 137000 / 5

I = 27400

A = 164400

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Answer 2

Step-by-step explanation:

Sl=p× r× t/100

=137000×10×2/100

=27400

amount =p+I

=137000+27400

=164400