find the simple interest when principal is 3,000 with a rate of 10% in 2 year
Answers
Answered by
1
Answer:
600 rupees is the simple interest
Step-by-step explanation:
3000/10 = 300
300*2 = 600
Answered by
2
Given :
⬤ Principal = Rs. 3000
⬤ Rate of Interest = 10%
⬤ Time Taken = 2 years
To Find :
⬤ Simple Interest .
Formula Used :
Solution :
- Rate of Interest = 10%
- Time Taken = 2 years
- Principal = Rs. 3000
- S.I = ?
Now :
According to the Formula :
S.I = P×R×T/100
3000 × 10 × 2/100
30 × 10 × 2
300 × 2
600
Therefore , Simple Interest is Rs. 600 .
Check :
600 = P×R×T/100
600 = 3000 × 10 × 2/100
600 = 30 × 10 × 2
600 = 600
Hence Checked .
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