find the simple interest for 2 years 6 months on the sum of rupee 800 at the rate of 5%per annum
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Answer:
Simple Interest = 100 Rs
Step-by-step explanation:
P = 800
R = 5% p.a.
T = 2 years 6 months = 30/12 years = 5/2 years
Therefore, S.I = (P × R × T)/100
= (800 × 5 × 5)/(100 × 2) =
= 800 x 25 / 100 x 2
= 8 x 25 /2
= 4 x 25
= 100
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