Question

Find the amount obtained by depositing Rs 20,000 at the 8% p.a for 2 years what would be the simple interest. If the rate of interest was increased to 10%.​

Answer 1

Answer:

1)

SI = PRT

100

$\frac{20000 \times 8 \times 2}{100} \\ = 3200$

SI @ 8% p.a.

If the rate of interest will be increased by 10% interest. will be 18

$\frac{20000 \times 18 \times 2} {100} \\ = 7200$

SI = PRT

100

SI for interest @8% p.a. = 3200

SI for interest @18% p.a. = 7200

Jai Shree Ram

Answer 2

Step-by-step explanation:

1)

SI = PRT

100

\begin{gathered}\frac{20000 \times 8 \times 2}{100} \\ = 3200\end{gathered}

100

20000×8×2

=3200

SI @ 8% p.a.

If the rate of interest will be increased by 10% interest. will be 18

\begin{gathered}\frac{20000 \times 18 \times 2} {100} \\ = 7200\end{gathered}

100

20000×18×2

=7200

SI = PRT

100

SI for interest @8% p.a. = 3200

SI for interest @18% p.a. = 7200