Question

Find the simple interest on Rs.2000 for 3 years at 6% per annum.Also find the amount.

Answer 1

Answer:

SI = PTR/100

here,

P=2000

T=3years

R=6%

=(2000 × 3 × 6)/100

=20 × 3 × 6

=360

therefore si = rs.360

amount = 2000+360=Rs.2360

Answer 2

Step-by-step explanation:

6% of 2000 is 120

So 120 for one year

For 3 years it is 360

So the simple interest for 3 years is 2360.

Hope it helps