Question

Find the simple interest on Rs 2000 at 2% p.a. for 2 years.​

Answer 1

Step-by-step explanation:

principal =rs2000

rate=2percent

time=2years

SI=PRT/100

SI=2000×2×2/100

SI=80

hope it may help you

Answer 2

Step-by-step explanation:

Principal ÷ Rs 2000

Rate of interest ÷ 2% p.a.

Time ÷ 2 years

Simple interest ÷ P×R×T

= Rs 2000×2%p.a.×2 years.

$2000 \times 2 \times \frac{1}{100} \times 2$

Simple interest = Rs 80.