Find the simple interest and amount if ₹ 256 is invested for 2 years at 4% per annum.
Answers
Answered by
0
Answer:
l =p×r ×t/100
256×2/4
=128
sorry if I was wrong
Answered by
4
Answer:
Principal (P) = Rs.256
Rate (R) = 4% per annum
Time (T) = 2 years
Simple Interest (SI) = PRT/100
=> SI = 256 × 4 × 2/100
=> SI = Rs.20.48
Amount = P+SI = Rs.(256+20.48) = Rs.276.48
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