Question

P = 54000 R=5% ] N = 2 years (2003 - 2001]​

Answer 1

Step-by-step explanation:

intrest= principal x rate x time /100

intrest= 54000 x5% x 2 /100

intrest = rs 5400

Answer 2

ANSWER-

The simple Interest is 5400

Step by step Explanation -

Given:-

P = 54000

R=5%

N = 2 years

To find-

Simple Interest

Solution -

$SI = \frac{P\times R \times n}{100}$

where,

SI = Simple interest

P = Principal,

R = Rate of Interest, and

n = Time period.

Put the given values in these formula

$SI = \frac{54000\times 5 \times 2}{100}$

$SI = \frac{54000\times 10 }{100}$

$SI = 540\times 10$

$SI = 5400$

Hence ,

The simple Interest is 5400 .