Question

Find the simple interest on 2,000 for six months at the rate of 9
% per annum


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Answer 1

Answer:

2000*6*9

--------------

100

20*6*9

=1080

Answer 2

Answer:

• SI=amount*Time*Rate*/100

• given amount=2000

• given time=6 months
• convert the time into years
• 1 year = 12 months
• 6 months=0.5
• Hence time=0.5

• given rate=9%

So, Simple Interest=2000*0.5*9/100

• 2000÷100
• =20
• now,20*0.5*9
• =20*4.5
• =90.0
• SI=₹90