Question

find the simple interest for ₹2000 at 10% for 2 years​

Answer 1

Answer:

Principal = Rs 2000

Time = 2 years

Rate of interest = 5%

Concept used:

Simple interest = PRT/100

P → Principal; R → rate of interest; T → time

Calculation:

Simple interest = 2000 × 2 × 5/100 = Rs 200

∴ Simple interest is Rs 200.

Answer 2

$\tt {\underline{ \underline{ \red{✠Answer:-}}}}$

Formula used:-

$\sf{S.I= \frac{P×R×T}{100} }$

Solution :-

$\tt{S.I= \frac{20 \cancel{00}*10*2}{1 \cancel{00} }}$

$= \tt \red{R.s. 400}$