principal=rs 2000,Rate of interest=5% per annum and time=5 year.. FIND THE SIMPLE INTEREST.
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Answer:
Find the simple interest, when Principal = Rs 2000, Rate of Interest = 5% per annum and Time = 5 years. simple interest class-7Read more on Sarthaks.com - https://www.sarthaks.com/685722/find-the-simple-interest-when-principal-rs-2000-rate-of-interest-5-per-annum-and-time-years
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Answer:
S. I =500 ₹
Step-by-step explanation:
P =2000
R = 5 %
N = 5 yrs
S. I =?
S. I = P×R×N
- - - - - - - -
100
= 2000 × 5 × 5
-----------------------
100
= 20 × 5 × 5
= 500 ₹
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