Question

Rs.350 for 2 years at 11% per annum , please help​

Answer 1

Answer:

P= 350

R=11%

T=2 years

A=P×R×T/100

= 350×11×2/100

= 77

the answer is 77.

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Answer 2

Correct Question

Rs. 350 for 2 years at 11% per annum , find Simple interest .

Solution

Given :-

• Principle (P) = 350
• Rate ( R) = 11%
• Time ( T) = 2 years

Find :-

• Simple Interest

Explanation

Using Formula

★ S.I. = (P * R * T )/ 100

Keep All Above Values

==> S.I. = ( 350 * 11 * 2 )/100

==> S.I. = ( 35 * 11 * 2)/10

==> S.I. = (35 * 11 )/5

==> S.I. = 7 * 11

==> S.I. = 77

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Hence

• Simple Interest will be ₹ 77 on 11% yearly

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