Find the simple interest on Rs. 2000 for 1 year at 6 % pa.
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Simple interest = PNR/100
P=2000, N= 1year and 7 months, R= 6%
= 2000×( 19/12)× 0.06= Rs.190
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Answer:
P = $ 2000
T= 1 Year .
R.i % = 6 %
S.I.= PRT/ 100
= 2000 × 6 × 1 / 100
= $120
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