Question

find the simple interest on 2000 at 4% per annum for 3 years​

Answer 1

$simple \: interest = \frac{p \times r \times t}{100} \\ \\ p = 2000 \\ r = 4\% \\ t = 3years \\ \\ = \frac{2000 \times 4 \times 3}{100} \\ \\ = 240$

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Answer 2

Answer:

Simple interest = p×R×t/100

= 2000×4×3/100

=2000×12/100

= 240

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