Question

Find the simple interest, if P = Rs. 2500, R = 5 p.c.p.a. and T = 2 year​

Answer 1

Given :-

• P = Rs. 2500 .
• R = 5 p.c.p.a.
• T = 2 year .

To Find :-

• Simple interest = ?

Answer :-

we know that,

• SI = (P * R * T)/100 .

putting values we get,

→ SI = (2500 * 5 * 2)/100

→ SI = 25 * 5 * 2

→ SI = 25 * 10

→ SI = Rs.250 (Ans.)

Therefore, simple interest will be Rs.250 .

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