Question

if principal (P) = rs 3400 rate of interest (R) = 2% time period = one year then I =?( where I is = simple interest)​

Answer 1

Answer:

₹68

Step-by-step explanation:

SI=(P×R×T)/100

SI=(3400×2×1)/100=₹68

Answer 2

$\sf\underline{Answer:}$

Principal = Rs. 3400

Rate = 2%

Time period = 1 year

$I = \frac{PTR}{100}$

$I = \frac{3400 \times 1 \times 2}{100}$

$I = 34 \times 2$

$I = Rs \: 68$

Have a good day!