Question

Principle 5000rs
Rate of interest 4%
number of years2
Then what is intersst

Answer 1

Answer:

answer is 5,400

principal-5000

rate of interest 4%

year2

5000÷100 ×4×2=400

simple interest=400

amount =P+SI=5000+400

Answer 2

Answer:

Given,

Principle= 5000rs.

Rate of interest= 4%

Number of years=2 years

Interest=?

Solution:

$interest = \frac{prn}{100 }$

$i = \frac{5000 \times 4 \times 2}{100}$

$i = 50 \times 4 \times 2$

$i = 400rs.$