Question

Principal rs 400 rate 5%and time 2 years so find the simple interest and amount

Answer 1

Answer:

440

Step-by-step explanation:

A=P+SI

SI=(P*n*r)/100

SI=(400*5*2)/100

SI=40

A=400+40

A=440

Answer 2

The SI is "40" and the Amount is "440". Further explanation is given below.

Step-by-step explanation:

The given values are:

Principal, P = 400

Rate, r = 5%

Time, t = 2 years

As we know,

Simple interest, SI = $\frac{p*r*t}{100}$

On putting the values in the above formula, we get

⇒  SI = $\frac{400*5*2}{100}$

⇒      = 4×5×2

⇒      = 40

And, Amount = P + SI

On putting the values in the above formula, we get

⇒  Amount = 400 + 40

⇒                = 440

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