Question

find the simple interest and amount on rs 3000 invested for 4years at 2% p.a.​

Answer 1

Answer:

principal = 3000

rate = 2%

time = 4 years

Simple Intrest = (P*R*T)/100

=(3000*2*4)/100

(cancel the zeros of 3000 from 100)

=(30*2*4)

=240 rs. answer

Step-by-step explanation:

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Answer 2

S.I =ptr/100
3000*4*2/100
So
S.I =₹240
Amount =₹3240