Math, asked by AavashStha, 1 month ago

If price=Rs500 , time=2years , rate=2%, interest =?​

Answers

Answered by JigyashaJain
1

Answer:

Simple Interest = ₹20

Step-by-step explanation:

Principal = ₹500

Time = 2 years

Rate = 2 %

Simple Interest = ?

S.I. = (P×R×T)/100

= (500×2×2)/100

= 2000/100

= 20

Simple Interest = ₹20

Similar questions