Find the simple interest on ₹3500 for 2 years at the rate of 10% per annum.
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Answers
Answered by
2
Answer:
For ,
N=2years
R=10 %
=>P=Rs3,500
And on interest being compounded we have,
Amount=P(1+100R)N=3,500×(1+10010)2=3,500×1.12=Rs4,235
So, C.I.=A−P=Rs4,235=Rs3,500=Rs735
Answered by
0
Answer:
p = ₹3500
r = 10%
t = 2 years
si = prt/100
si = 3500 * 10 * 2/100
si = ₹700
Step-by-step explanation:
hope it helps
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