Question

Simple interest is given by I=PRT/100. If P=Rs.900,T=2 years; and R=5%, find the simple interest.

Answer 1

if p= 900 and t= 2 years=365+365=730 and r=5% = 5\100=0.05 than put the values I= 900.0.05.730\100=32850\100= 328.5 WILL BE THE INTEREST

Answer 2

Answer:

90 Rs.

Step-by-step explanation:

If you invest some principal amount (P) at some simple interest rate (R) for some years (T), then the simple interest (I) will be given by:

I=PRT/100.

Now, we are given that P=900 Rs, T= 2 years and R =5% i.e. 900 Rs of Principal sum is invested for 2 years at the interest rate of 5% per year, then the simple interest will be

I= 900×2×5/100 =90 Rs. (Answer)