Question

how much interest will be earned on ₹ 2000 at 6% simple interest for 2 years​

Answer 1

Simple Interest(SI) = P * T * R /100

Where P = Principal, T = Time in years and R = Rate of Interest.

Given, P = 2000 ; T = 1.5 and R = 6%. We get,

SI = 2000 * 1.5 * 6 / 100

=> 18000/100 = 180.

Simple Interest is 180.

Answer 2

Answer:

⇒2000 * 6 * 2/100

⇒20 * 6 * 2

⇒₹240 = Simple interest

Step-by-step explanation: