Q16 calculate simple interest for Rs 2,500 at 7
% per annum for1 _ 2
years
2
2
Answers
Answered by
1
Answer:
GIVEN -
PRINCIPLE = Rs 2500
RATE = 7 %
YEAR = 2
TO FIND
SIMPLE INTEREST
SOLUTION
SIMPLE INTEREST = P × R × T / 100
= 2500 × 7 × 2 / 100
= Rs 350
SIMPLE INTEREST ON Rs 2500 on the Rate of 7 % at 2 years is Rs 350
Answered by
0
Principal = 2500
P.C.P.A. = 7
A/2500 = 7/100
= 7/100 × 2500
= 7/1 × 25
= 7×25
= 175
Years = 2
175 ×2
= 350
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