find the simple interest on a sum of rs. 9600 for 2 years of 5% per annum find the amount
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Question :–
find the simple interest on a sum of rs. 9600 for 2 years of 5% per annum and also find the amount
Answer :–
- Principal (p) = Rs. 9600
- Rate of the interest (r) = 5%
- Time (t) = 2 years.
find the simple interest and amount
We know that,
Simple interest is = Rs. 960 [Ans]
Therefore, the amount is
= (Principal + Simple interest)
= Rs.(9600 + 960)
= Rs.10560 [Ans]
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Answered by
2
Step-by-step explanation:
P=R/A
9600 / 2 /5 =4800
5/4800 =960
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