Question

Find the simple interest on Rs. 2560 for 3 years at 15% per annum. (Subject : Math)

Answer 1

Answer:

The simple interest is 1152₹

Step-by-step explanation:

Principal (P) = Rs. 2560

Time period (T) = 3 years

Rate (R) = 15% p.a.

Simple interest (I) = PTR/100

=2560×3×15/100

=128×9

=Rs.1152

Answer 2

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Given :

• Principal (P) = ₹ 2560
• Rate (R) = 15 % p.a.
• Time (T) = 3 years

To Find :

• Simple Interest (SI)

Formula used :

• Simple Interest = (Principal × Rate × Time)/100

Solution :

SI = (P × R × T)/100

= ₹ (2560 × 15 × 3)/100

= ₹ 1152

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