Question

Find the simple interest on Rs.500 for 2 years at 5% per annum?​

Answer 1

Answer:

P =500 Rs

T=2 years

R =5%

SI=PRT/100

=> 500×5×2/100

=>50 Rs

Answer 2

ANS IS 550

Step-by-step explanation:

WE KNOW

P×R×T

100

• P= 500

R=5

T=2

500×5×2

100

= 50

• SI = 500+50

550

• SO SIMPLE INTREST IS 550