Question

The simple interest on Rs . 6000 at 2.5% p.a for 2 years is

Answer 1

Answer:

simple intrest = p * r * t / 100

so 6000 * 2.5 * 2 / 100

300 wil be answer

Answer 2

Answer:

1%of 6000 = 60

2.5% of 6000= 150 for one year

150 for 1 st year and 150 for 2 nd year

therefore total simple interest is equal to 150+150= 300 rupees