Question

if P=1000; R=5%; T=2 years what is interest​

Answer 1

intrest=PTR/100

=1000×2×5/100

=100

Hope it Helps

comment if you have any doubt

Answer 2

The interest = 100

Given :

P = 1000 , R = 5% , T = 2 years

To find :

The interest

Formula :

In case of Simple interest

Principal = P

Interest = I

Time = T

Rate of interest = R %

Then ,

$\displaystyle \sf{}I = \frac{PRT}{100}$

Solution :

Step 1 of 2 :

Write down Principal , Rate of interest , Time

Principal = P = 1000

Interest = I = ?

Time = T = 2 years

Rate of interest = R% = 5%

Step 2 of 2 :

Calculate the interest

$\displaystyle \sf{}I = \frac{PRT}{100}$

$\displaystyle \sf{ \implies }\displaystyle \sf{}I = \frac{1000 \times 5 \times 2}{100}$

$\displaystyle \sf{ \implies }\displaystyle \sf{}I = 10 \times 5 \times 2$

$\displaystyle \sf{ \implies }\displaystyle \sf{}I = 100$

Hence interest = 100

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