Question

Sahil borrowed rupees 2100 at 12% p.a. interest for two years. how much interest will he pay? what is the amount he will have to return at the end of 2 years? ​

Answer 1

Answer:

Step-by-step explanation:

Sahil borrowed rupees 2100 at 12% p.a. interest for two years. how much interest will he pay? what is the amount he will have to return at the end of 2 years? ​good try good

Answer 2

➤ Given :-

Principle :- ₹ 2100

Rate of interest :- 12%

Time :- 2 years

➤ To Find :-

Simple Interest and Total amount of the given sum...........

➤ Formula required :-

Simple Interest :-

${\large \tt \dashrightarrow \orange{\boxed{\tt \gray{\dfrac{P \times R \times T}{100}}}}}$

Total amount :-

${\large \tt \dashrightarrow \orange{\boxed{\tt \gray{Simple \: Interest + Principle}}}}$

➤ Solution :-

Simple Interest :-

${\tt \longrightarrow \dfrac{2100 \times 12 \times 2}{100}}$

${\tt \longrightarrow \dfrac{\cancel{2100} \times 12 \times 2}{\cancel{100}} = \boxed{\tt 21 \times 12 \times 2}}$

${\tt \longrightarrow 21 \times 24 = \boxed{\tt Rs \: \: 504}}$

Total amount :-

${\tt \longrightarrow 2100 + 504}$

${\tt \longrightarrow Rs \: \: 2604}$

$\Huge\therefore$ The simple interest is ₹ 504 and the total amount is ₹ 2604.

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$\dashrightarrow$ Some related formulas :-

Principle :- ${\boxed{\tt\dfrac{SI \times 100}{R \times T}}}$

Rate of interest :- ${\boxed{\tt\dfrac{SI \times 100}{P \times T}}}$

Time :- ${\boxed{\tt\dfrac{SI \times 100}{P \times R}}}$

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More to know..................

• Simple Interest is the extra amount to be given when a person borrows some money from a person or a bank. The person who gives money is called lender. The person who takes money is called borrower.
• Principal is the amount given at first from lender to borrower.
• Rate of interest is the extra amount to be given from borrower to lender. It is always written in percentage format.
• Time is given for the borrower to return back the given money with the given interest.