Question

Simple interest on Rs. 500 at the rate of 5% of 2 years is ...........
Rs. 16
Rs. 50
Rs. 20
Rs. 90

plz fast

Answer 1

Answer:

$simple \: interest = \frac{principal \times rate \times time}{100} \\ \\ = \frac{500 \times 5 \times 2}{100} \\ \\ = 5 \times 5 \times 2 \\ \\ = 25 \times 2 \\ \\ = simple \: interest =Rs. 50$

Answer 2

Answer:

Simple interest on Rs. 500 at the rate of 5% of 2 years is 50

Step-by-step explanation:

Principle= ₹500

rate= 5%

Time period= 2 years

Simple interest= Principle×rate×time

100

= 500×5×2

100

= 50