Question

Simple interest on a principal of 100 for 2 years
at the rate of 5% per annum is ______
please answer & explain too​

Answer 1

SI = ?
P = Rs.100
T = 2 years
R = 5%
SI = PRT/100
= 100*5*2/100
SI = Rs. 10

Answer 2

Step-by-step explanation:

simple interest = (p×r×t)/100

= (100×2×5)/100

= 2× 5

= ₹10