P = 4000
R = 9.50
T = 2 years
Answers
Answered by
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The simple interest is Rs. 760
Step-by-step explanation:
We use the following formula to calculate simple interest:
Given:
Principal = Rs. 4,000
Rate = 9.50% per annum
Time = 2 years
Substituting:
[tex]Simple\ Interest = \frac{4000\ *\ 9.5\ *\ 2}{100} \\ Simple\ Interest = Rs. 760[/tex]
Simple interest on Rs. 4,000 for 2 years is Rs. 760
Answered by
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Answer:
4000 (1+5/100)power 3_4000=630•5
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