Question

Find the simple interest and the amount at simple interest in ⬇️
(1) Rs. 184 for 2 years at 5% p.a. ?​

Answer 1

₹ 202.4

Step-by-step explanation:

Principal = ₹ 184

Time = 2yrs

Rate of interest = 5%

Simple Interest = $\frac{p \times r \times t}{100}$

$\frac{184 \times 2 \times 5}{100} = 18.4$

Amount = Principal+ Simple Interest

₹ 184 + ₹18.4 = ₹202.4

Answer 2

Given, Principal (P)= Rs.184

Rate of Interest (R)= 5%p.a.

Time (T)= 2 years

We know, S.I. = (P*R*T)/100

According to the problem-

S.I. = (184*5*2)/100

=> S.I.= 92/5

Therefore, S.I.= Rs. 18.4

We know, Amount= Principal+Simple Interest

= (184+18.4)

= Rs. 202.4

Ans=> Simple Interest= Rs. 184

Amount= Rs. 202.4