Find the simple interest on 55000for 2 years at 20% per annum
Answers
Answered by
2
Answer:
PXRXT/100
Step-by-step explanation:
We need to check out three things in it
principle
rate
time
Answered by
2
Answer:
simple interest = principal ×rate×time/100
55000×2×20/100 = 22000
hence interest is 22000/-
Similar questions
Math,
1 month ago
Math,
1 month ago
Hindi,
2 months ago
Geography,
8 months ago
Social Sciences,
8 months ago