Question

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1. Calculate Si on 16000 Rupees for 2 years at 2.5% per annum​

Answer 1

Answer:

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YOUR ANSWER IS 800

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Step-by-step explanation:

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Answer 2

• SI is Rs. 800.

Step-by-step explanation:

Given:-

• Principal (P) = Rs. 16000.
• Time period (t) = 2 years.
• Rate of interest (r) = 2.5%

To find:-

• Simple interest.

Solution:-

We know that,

$\boxed{ \star \sf \bold{Simple \: interest = \cfrac{P \times r \times t}{100} }}$

In which,

• P , r and t are principal , Rate of interest and time period respectively.

P = Rs. 16000

r = 2.5 = 5/2%

t = 2 years

Put the values in formula :

$\longrightarrow \sf \cfrac{160\cancel{00} \times 5 \times \cancel{2}}{1\cancel{00} \times \cancel{ 2}}$

$\longrightarrow \sf 160 \times 5$

$\longrightarrow \sf 800$

Therefore,

Simple interest is Rs. 800.