Question

Find the simple interest on 6000 at 8% p.a. for 2 years​

Answer 1

Answer:

SI= 6000×8×2÷100= 960 rupees

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Answer 2

Answer:

960 rupees

Step-by-step explanation:

By the question we have,

Principal, P = 6000

Rate of interest, R = 8%

time, T = 2years

Simple interest, I = ?

So,

Simple interest, I = (P*R*T)/100

= (6000*8*2)/ 100

= 96000 / 100

= 960 rupees

Therefore,

the simple interest = 960 rupees