Question

Find the interest and the amount when P =
550, R = 8% per annum. T = 2 years​

Answer 1

We know I = PRT/100 and A=P+I so,
I=550*8*2/100
So,I =88 rupees
Now
A=550+88
So,A=558 rupees.

Answer 2

Answer:

I = p×r×t and a=p+I

I = 550×8×2/100 =88

A = 550+88

solution = 638