Question

find the simple interest on rs. 2000 @ 5 percent p.a. for 5 1/2 years.

Answer 1

Answer:

550

Step-by-step explanation:

P= 2000

R = 5%

T = 5 1/2 YEARS

SI =[P*R*T]/100

=[2000*5*11/2]/100

=110000/200

=550

Answer 2

Answer:

S.I=(P*R*T)/100

=[2000*5*(11/2)]/100

=20*5*(11/2)

=100*(11/2)

=50*11

=550

HENCE,S.I=550