Question

Find the simple interest at the end of 2 years for an amount of Rs.12000 at the rate of interest 5% per annum.
Please answer with explanation

Answer 1

Answer:

P= 12000

R= 5 percent

T= 2 Years

S. I = P x R x T /100

= 12000 x 5 x 2 / 100

= 120 x 5 x 2

= 1200

Answer 2

Answer:

1200RS.

Step-by-step explanation:

P=12000

r=5%

t=2 yrs

S.I.= PRT/100

=》12000×5×2/100

=》1200RS