Question

The SI on 200 at the rate of 10% P. a far 2 years is
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Answer 1

Answer :-

• The Simple Interest is Rs 40.

Given :-

• Principal = Rs 200.
• Rate = 10% per annum.
• Time = 2 years.

To find :-

• The Simple Interest.

Step-by-step explanation :-

In this question, we know the Principal, Rate and Time. We have to find the Simple Interest. We will do so by using the formula given below :-

$\sf SI = \dfrac{Principal \times Rate\times Time}{100}$

Let's use this formula to calculate the answer.

$\underline{ \fbox{Calculations :-}}$

We will substitute the given values in the formula which is above.

Substituting the values,

$\sf SI = \dfrac{20 \!\!\!\not0 \times 1 \!\!\!\not0 \times 2}{1 \!\!\!\not0\!\!\! \not0}$

Cutting off the zeroes,

$\sf SI = \dfrac{20 \times 1 \times 2}{1}$

Now let's multiply the remaining numbers.

$\tt20 \times 1 \times 2$

Multiplying the numbers,

$\tt\implies40.$

So, the Simple Interest on Rs 200 at the rate of 10% per annum for 2 years is Rs 40.