Question

Find the SI and amount when I'm principle =Rs1000 Rate=7% per annum and time 4 years

Answer 1

I = 1000×7×4/100

i=10×7×4

i=280

so 280 Rs of simple interest of given

Answer 2

soln:-

SI=PTR/100

=1000*7*4/100

=7000*4/100

=28000/100

=Rs. 280

$1000 \times 7 \times 4 \div 100$