Question

Principal=₹2000,rate=10%p.a. and time =73days

Answer 1

I=P×R×T/100
I=2000×10×73/100
I=1460000/100
I=14600

Answer 2

principal=®2,000

rate of interest=10%P.A.

time(period)=73 days

SIMPLE INTEREST

=}principal × R.OF.I × time

___________________________________

100

=} 2000 × 10 × 73

______________________

100 × 365

SIMPLE INTEREST =} 40

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