find the simple interest and amount p=rs 35000, R=5%and T=2years
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Step-by-step explanation:
Given: Principal = Rs. 35,000. Time = 2 years. Rate of interest = 12% per annum.
Formula used: S.I = PRT/100. Where, P = Principal. R = Rate of interest. T = Time period.
Calculation: S.I = Rs. ( 35000 × 12 × 2)/100. ⇒ Rs. 8400.
∴ The required simple interest is Rs. 8400.
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