Question

rs600 for 5 years at 12 1/2% p.a.
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Answer 1

P=600

T= 5yrs

R= 25/2

S. I = prt/100= 600×5×25/100×2 = rs375

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Answer 2

Principal = ₹600
Rate = 12 1/2% = 25/2 %
Time = 5 years

SIMPLE INTEREST = PRT / 100
= 600 x 5 x 25 / 100 x 2
= ₹ 375

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