p=12500 , t=2year , r=6 % calculate si
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Given:
- Principal = Rs. 12500
- Rate = 6%
- Time = 2 years
What To Find:
We have to find the simple interest.
Formula:
Where,
- SI = Simple Interest
- P = Principal
- R = Rate
- T = Time
Solution:
Using the formula,
⇒
Substitute the values,
⇒
Cancel the zeros,
⇒ SI = 125 × 6 × 2
Multiply the numbers,
⇒ SI = Rs. 1,500
∴ So, the simple interest is Rs. 1,500.
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