Question

Find the simple interest on 2,000 for six months at the rate of 4% per annum.​

Answer 1

Principal (P) = Rs 2000

Rate of Interest (R) = 4 whole \frac{1}{2}

2

1

% per annum = 4.5 % p.a

Time (T) = 6 months = \frac{6}{12}

12

6

years = \frac{1}{2}

2

1

years = 0.5 years

To be found :-

The Simple Interest (S.I)

S.I = \frac{P \times R \times T }{100}

100

P×R×T

S.I = \frac{2000 \times 4.5 \times 0.5}{100}

100

2000×4.5×0.5

hope it's helpful

Answer 2

Answer:

₹40

Step-by-step explanation:

Principle(P)= 2000

Time(T)= 6 months

Rate(R)= 4% per annum

Here since the units of time and the rate are not same, so we will use the given below formula:

Interest = PRT / 100×12

= 2000×6×4 / 100×12

= ₹40

Therefore, the simple interest will be ₹40. (Ans)