Question

Find the Simple interest when
Principal = Rs. 6400, rate= 6% p.a. and time= 2 years

Answer 1

Given - Principal = Rs. 6400, rate= 6% p.a. and time= 2 years

Find - Simple Interest

Solution - Simple Interest can be calculated using principal, rate of interest and time through the following formula -

S.I = P*R*T/100

Keeping the values in mentioned formula to find simple interest.

S.I. = 6400*6*2/100

Firstly multiplying the terms -

S.I. = 76800/100

Now, performing division operations to get simple interest.

S.I. = 768

Hence, the Simple Interest as per the given information is Rs. 768.

Answer 2

Step-by-step explanation:

$Simple Intrest = P * R * T /100$

GIVEN :

      P = 6400

     R = 6

    T=2

$S.I = 6400 * 6 * 2 /100$

  = 76800 / 100

   =768

Therefore Rs 768 is the Simple Intrest