Question

principal = $25000,rate = 8% per annum , time= 2 yrs find the simple interest​

Answer 1

Answer:

4000

Given:

Principal = $25000,Rate = 8% per annum and

time = 2years.

To find:

Simple interest.

Solution:

S.I = P×R×T/100

=> $(25000×8×2/100)

=> $(250×8×2)

=> $4000.