Question

Find the Simple Interest on Rs. 5200 for 2
years at 6% per annum.

A 450
B 524
C 600
D 624​

Answer 1

Answer:

P stands for principal = 5200

T stands for time=2 years

R stands for rate. = 6%

Answer 2

Answer:

Option (D). 624

Explanation:

Given :

• Principal (P) = Rs. 5,200
• Rate of interest (R) = 6% per annum
• Time (T) = 2 years

To find :

• The Simple Interest (SI)

Solution :

SI = P × R × T / 100

$\longrightarrow{\sf{SI = \dfrac{P \times \: R \: \times T }{100}}}$

$\longrightarrow{\sf{SI = \dfrac{5200 \times \: 6 \: \times 2 }{100}}}$

$\longrightarrow{\sf{SI = \dfrac{ 62400 }{100}}}$

$\longrightarrow$ SI = 624

∴ Simple Interest = 624