Question

Simple interest for #100 for 6month at 4% per annum

Answer 1

GIVEN :

• Principal = Rs. 100
• Rate of intrest = 4% per annum
• Time (Period) = 6 months = 1/2 year

TO FIND :

• Simple intrest = ?

STEP - BY - STEP EXPLANATION :

=> Simple intrest = P × R × T / 100

=> Simple intrest = 100 × 4 × 1/2 / 100

(PRECAUTION :---- Read the note before going to the next step )

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( NOTE :----- Here in years 1/2 is there , whereas 2 will go with denominator and therefore, it will be 100 × 4 × 1 / 100 × 2)

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=> Simple interest = 100 × 4 × 1 / 100 × 2

=> Simple intrest = Rs. 2

Answer 2

Step-by-step explanation:

Given

S.I = ?

Principal = Rs 100

Time = 6 months = 1/2 years

Rate of interest = 4 % per annum

To find : Simple Interest

Simple Interest = P× R × T / 100

= 100 × 4 × 1 / 100 × 2

= Rs . 2