Math, asked by geeta0000, 1 year ago

Find the simple interest on Rs 500 for five years at the rate of 2% per annum?

Answers

Answered by thatglamgirl87
18

answer in given the attachement

hope it helps

Attachments:
Answered by Anonymous
1

Given - Principal, rate and time

Find - Simple interest

Solution - Simple interest can be calculated by the formula - Principal*rate of interest*time/100

Simple interest = 500*5*2/100

Cancelling zero from both numerator and denominator as it is present in both

Simple interest = 5*5*2

Performing multiplication

Simple interest = 25*2

Simple interest = 50

Hence, the simple interest as per given information is Rupees 50.

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