Question

Principal
Rate of Interest
Time
Simple Interest
(a)
600
7%
2 years​

Answer 1

Correct Question :-

• Find the Simple Interest on Rs,600 for 2years at the rate of 7% p.a.

Given :-

• Principal = Rs,600
• Rate = 7%
• Time = 2 years

To Find :-

• Simple Interest

Solution :-

★ Interest = Principal × Rate × Time / 100 ★

➟ Interest = Principal × Rate × Time / 100

➟ Interest = 600 × 7 × 2 / 100

➟ Interest = 6 × 7 × 2

➟ Interest = 6 × 14

➟ Interest = Rs,84

________________

Therefore, Simple Interest on Rs,600 for 2 years at the rate of 7% is Rs,84

________________

Answer 2

Solution :

$\:$

Here

$\:$

• Principal = ₹600
• Rate of interest = 7%
• Time = 2years

$\:$

As we know that :

$\:$

$</p><p> \underline{\boxed{\tt\purple{\bigstar \: S.I. \: = \frac{P × R × T}{100} }}}$

$\:$

Where

$\: \:$

• P = Principal
• R = Rate of interest
• T = Time

$\: \:$

Put the values in the formula.

$\:$

$\tt:\implies \: SI \: = \dfrac{600 \times 7 \times 2}{100} \\ \\ \\ \tt:\implies \: SI = \frac{{\cancel600} \times 7 \times 2}{\cancel{100} } \\ \\ \\ \tt:\implies \: SI = 6 \times 7 \times 2 \\ \\ \\ \tt:\implies \: SI = \underline{\boxed{\sf\purple{84}}} \bigstar$

$\:$

$\:$

$\sf\therefore{\underline{Hence, \: the \: simple \: interest \: is \: \bold{₹84} }}$