Question

find the simple interest on rupees 25000 at 10% per annum for 2 years
please answer ^_^​

Answer 1

Answer:

The simple interest is Rs. 2000.

Step-by-step explanation:

Answer 2

Answer:

The simple interest on Rs 25000 at 10% per annum for 2 years is Rs.5000.

Step-by-step explanation:

Principle = 25000

Rate = 10%

Time = 2 years

we know that the formula of simple interest is given by  

SI = $\frac{PRT}{100}$

Therefore, SI = $\frac{25000*10*2}{100}$

SI = 5000

Therefore the simple interest on Rs 25000 at 10% per annum for 2 years is Rs.5000.