Question

find the simple interest and amount on 500 for 2years 4months at 12% per annum​

Answer 1

P×R×T/100

500×20×7/100×5

= 140

Answer 2

Step-by-step explanation:

Given :-

• Amount = ₹500
• Time = 2 years
• Rate = 12%

To Find :

• Simple Interest

Solution :

$\boxed{ \tt{S. I. = \frac{ P \times R \times T}{100} }}$

$\displaystyle{ \implies{ \sf{ \frac{500 \times 12 \times 2}{100} }}}$

$\displaystyle{ \implies{ \sf{ \frac{5 \cancel{00} \times 12 \times 2}{ \cancel{100}} }}}$

$\displaystyle{ \implies{ \sf{5 \times 12 \times 2}}}$

$\displaystyle{ \implies{ \sf{120}}}$

Hence, the S. I. is ₹120.