Question

find the simple interest for 6000 rs at 9 % for 2 years​

Answer 1

Answer:

₹1,080

Step-by-step explanation:

SI=P×R×T/100

=6000×9×2/100

=108,000/100

=₹1,080

Hence,The simple interest will be ₹1,080.

Answer 2

Given :-

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

To Find :-

• Simple Interest

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 :

• Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.
• 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.
• Time: The period of time for which the money is lent or invested.
• Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
• Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
• Amount: The total money paid back to the lender is called the amount.

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