Find the sum of money at rate of interest of 3.5%,Time of 2 years and find the simple interest.
Answers
Answered by
3
Answer:
Principal = 100
Simple Interest = Rs. 7
Step-by-step explanation:
Let the principal be 100.
So,
A/q
we have...
Principal = Rs. 100/-
Rate = 3.5 % p.a
Time = 2 yrs
So,
S.I = PRT/100
= 100 × 3.5 × 2 / 100
= 3.5 × 2
= 7
Hence,
Simple Interest = Rs. 7
Hope it is helpful to you.
Please mark my answer as brainliest...
Answered by
0
Answer:
Let P = x
S.I. = PRT/100
=> S.I. = 3.5 × x × 2/100
=> S.I. = 7x/100
______________
Similar questions