Question

Find the simple interest for ₹6000 at 9% for 2 years.​

Answer 1

Aɴsᴡᴇʀ⤵️

Pʀɪɴᴄɪᴘᴀʟ = ʀs6000

Rᴀᴛᴇ = 9%

Tɪᴍᴇ = 2ʏʀs

Sɪᴍᴘʟᴇ ɪɴᴛᴇʀᴇsᴛ = ᴘ×ʀ×ᴛ/100

= 6000×9/100×2

= ʀs1080

ɪ ʜᴏᴘᴇ ʏᴏᴜ ʟɪᴋᴇ ᴛʜɪs ᴀɴsᴡᴇʀ

Bᴇsᴛ ᴏғ ғʟᴜᴄᴋ

Answer 2

${\underbrace{Given࿐ }}$

• Principal (P) = Rs,6000
• Rate (R) = 9%
• Time (T) = 2 years

${\underbrace{To\:Find :-}}$

• Simple Interest

${\underbrace{Solution :-}}$

⟹ ⠀Simple Interest = P × R × T / 100

⟹ ⠀Simple Interest = 6000 × 9 × 2 / 100

⟹ ⠀Simple Interest = 60 × 9 × 2

⟹ ⠀Simple Interest = 60 × 18

⟹ ⠀Simple Interest = Rs,1080

Therefore, Simple Interest = Rs,1080

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★ Additional Info:

• ${\boxed{\tt{Principal:}}}$ The money which we deposit in or the lower from the bank or the money learned called the principal.
• ${\boxed{\tt{Rate\: of\: interest:}}}$ The interest paid on Rs, 100 for one year is called the rate per cent per year or rate per cent per annum.
• ${\boxed{\tt{Time:}}}$ The period of time for which the money is lent or invested.
• ${\boxed{\tt{Interest:}}}$ Additional money paid by the borrowed to the lender for using the money is called interest.
• ${\boxed{\tt{Simple\: Interest:}}}$ If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
• ${\boxed{\tt{Amount:}}}$ The total money paid back to the lender is called the amount.

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