Question

P=Rs. 2500, R= 6%, T = 2 years​

Answer 1

Answer:

The interest is ₹ 300.

Step-by-step explanation:

Given:

P = Rs.2500

R = 6%

T = 2 yrs

we know

Formula for Simple interest i.e.

$\frac{p \times r \times t}{100}$

$= \frac{2500 \times 6 \times 2}{100} \\ = 25 \times 6 \times 2 \\ = 300$

Thus, the interest is ₹ 300.

Answer 2

$\huge \bf \red{Given:}$

Principal is Rs 2500

Rate percentage is 6%

Time is 2 years.

$\huge \bf \red{To \: find:}$

Simple interest?

$\huge \bf \red{Solution:}$

☯ Let simple interest be S.I.

Formula used,

❬ PTR/100 ❭

$\bf \red{★According\:to \: the\: Question:}$

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 = 120 rupees.

∴ Hence, The simple interest in 2 years is 120 rupees.

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$\huge\bf \red{★ More\: to\: know:}$

Continuously compounded interest = A = Pe^rt

Intrest = PRT

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