Question

Find the simple interest for rs.5000 11% 2 years

Answer 1

simple interest = p×t× r /100
where p is principal amount,
t is time in years
r is rate of interest
simple interest = 5000×2 ×11/100
= 1100
hope it helps

Answer 2

A=p (1+rt)

P=rupees=5000
R=rate=11
T=2 years=2

A= 5000(1+22)
A=115000