Question

find the simple interest and amount on a sum of 10000 rupees for 2 year at a rate of 8% per annum
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Answer 1

Answer:

1600

Step-by-step explanation:

Simple Interest = PTR/100

P = 100000

T = 2 yrs

R = 8%

Therefore ===>>> [10000*2*8] / 100

==================>>>>>>>>>>>> 1600

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Answer 2

SI=10000×2×8/100=1600

AMOUNT=10000-1600=“8400RUPEES”