Question

Intrest on a sum 2500 for 4 years at rate of 4 %

Answer 1

Answer:

I = PTR/100 = (2500 x 4 x 4)/100 = 25 x 4 x 4 = 400

Step-by-step explanation:

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Answer 2

To find : interest  

Solution :

• As per the data given in the question, we have to find the simple interest.

• Given data : Principal amount = $2500$

                            Rate = $4 \ %$

                            Time = $4\ years$

• We know that , the simple Interest of an amount is calculated by multiplying the interest rate by the principal amount and the time period. the time period in years.

• SI Formula will be :  $= \frac{P\times R\times T}{100}$

P = Principal Amount   T = Time in Years   R = Rate of Interest per Annum.

                                         $= \frac{2500\times 4\times 4}{100}$

                                         $= 400$

  Hence, the interest will be Rs$400$.