Question

Rs 7000 is borrowed at 3.5% of interest per annum for two year find simple interest

Answer 1

Principal(P) =7000
Time(T) =2 years
Rate(R) =3.5%
So, Simple Interest (S.I)=7000*3.5*2/100
S.I=49000/100
S.I=₹490
Hope you like it
Please mark it brainliest