Question

P = Rs. 2500, R = 6%, T = 2 years​

Answer 1

Answer:

Your question is incomplete...

So I am finding simple interest...

SI = P x R x T / 100

SI = 2500 x 6 x 2 /100

SI = 2500 x 12 / 100

SI = 30000 / 100

SI = 300

SIMPLE INTEREST IN 2 YEARS IS RS 300...

Answer 2

GivEn:

• Principal is Rs 2500
• Rate percentage is 6%
• Time is 2 years.

To find:

• Simple interest?

Solution:

☯ Let simple interest be S.I.

Formula used,

• ❬ PTR/100 ❭

★ According to the Question:

Now, Finding simple interest by putting the values given in the formula,

➯ Simple interest = 2500 × 2 × 6/100

➯ Simple interest = 25 × 2 × 6

➯ Simple interest = 50 × 6

➯ Simple interest = 300 rupees.

∴ Hence, The simple interest in 2 years is 300 rupees.

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★ More to know:

• Continuously compounded interest = A = Pe^rt

• Intrest = PRT

• Compound interest = A = P(1 + r/n)^nt