Question

Krishna broweed a sum of rupees 2,000 from the bank he returned rupees 2,480 after three years find the simple interest​

Answer 1

Answer:

Total Simple Interest is (2480 - 2000) ie., 480

Simple Interest per year is 480/3 = 160

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Answer 2

Given - Principal, amount, time

Find - Interest

Solution - The total simple interest, as per the given information, is Rupees 480

Simple interest can be calculated via the following relation -

Amount = Principal + Interest

In the mentioned question, Principal is Rupees 2000 and Amount is Rupees 2480.

So, Interest = 2480 - 2000

Interest = 480

Hence, the total simple interest as per the given information is Rupees 480.