Question

Find the simple interest and the amount on 2030 for 2 years at 6% per annam​

Answer 1

Given:

Time = 2 years.

Interest = 6% per annum.

To Find:

The simple interest and the amount on 2030 for 2 years at 6% per annum.

Solution:

$\large{\boxed{\sf Simple\:Interest\:=\:P \times R \times \dfrac{T}{100}}}$

⟹ 2030 × 6 × 2/100

⟹ 2030 × 12/100

⟹ 24360/100

⟹ 243.6

∴ Simple interest is Rs. 243.6.

Answer 2

Given :

• Principal = Rs. 2030
• Rate = 6%
• Time = 2 years

To find :

• Simple interest and Amount

Solution :

• Now, let's find the Simple Interest by using the formula of :

$\bf \: S.I = \dfrac{p \times r \times t}{100}$

• And Let's find the Amount by using the formula of :

$\bf \: Amount = S.I + Principal$

_______________________

Simple Interest = P × R × T/100

= 2030 × 6 × 2/100

= 2030 × 12/100

= 24360/100

= 243.6

Now,

Amount = S.I + Principal

= 243.6 + 2030

= 2,273.6

Therefore, Amount is Rs. 2,273.6.