Find the simple interest on Rs 600 for 2 years at 8% per annum
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Answer:
400
Step-by-step explanation:
A
2
=Rs600andA
4
=Rs800
In case of S.I.; A
n
=P+(n×I) [here, n=no. of years and I=simple interest in one year]
A
4
=P+4I⇒800=P+4I ...........eq(1)
A
2
=P+2I⇒600=P+2I ..........eq(2)
subtracting eq(2) from eq(1) we get
⇒200=2I
∴I=100
now substitutin I=100 in eq(2)
⇒600=P+2×100
⇒600=P+200
∴P=Rs400
HOPE ITS HELPFUL!!!!!!!!!!!
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