Question

If principal = Ro.500, Rate of intrest =2% per annum, Time= 3 years them find simple intrest ?​

Answer 1

Answer:

S. I=30

Step-by-step explanation:

P=500

R=2%

T=3years

S. I=P×R×T

100

S. I=500×2%×3

100

S. I=30

Answer 2

Answer:

=> The simple interest is 30.

Step-by-step explanation:

Given that:-

Principal = Rs. 500

Rate = 2%

Times = 3 years

To find:- The simple interest = ?

The formula to be used for calculating simple interest:

Simple Interest = $\frac{P\times R\times T}{100}$

Substitute the given values in the above formula, we get

=> S. I = $\frac{500\times 2\times 3}{100}$

=> S. I = 30

Hence, the required simple interest is 30.