Question

Find the simple interset at the end of one year for Ruppees 400 at 5% per annum​

Answer 1

Answer:

✯꧁༄ᶦᶰᵈ᭄✿RS. 40☆꧂✯

Explanation:

Given Principal amount P = Rs 400 Time

period T = 2 years Rate of interest R = 5%

p.a. We know that simple interest = (P × T ×

R)/100 On substituting these values in

above equation we get SI = (400 × 2 × 5)/

100 = Rs 40