Question

plz answer will mark brilliant ​

Answer 1

Answer:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year,

then, solving our equation

I = 250 × 0.05 × 2 = 25

I = rs. 25.00

The simple interest accumulated

on a principal of rs. 250.00

at a rate of 5% per year

for 2 years is rs. 25.00.