Question

The simple interest paid on Rs.4000 for 2 years at a rate of interest of 12%
per annum is

Answer 1

Answer:

960 is the answer of your question

Answer 2

$\LARGE\underline\textbf{GIVEN :-}$

$\large\textsf{Principal = Rs. 4000}$

$\large\textsf{Time period = 2 years}$

$\large\textsf{Rate of interest = 12 percent }$

$\LARGE\underline\textbf{TO FIND :-}$

$\large\textsf{Simple interest = ?}$

$\LARGE\underline\textbf{FORMULA :-}$

$\large\boxed{\textsf{S.I. = \cfrac{P × R × T}{100} }}$

$\large\textbf{Here :-}$

⇝$\large\textsf{P = principal}$

⇝$\large\textsf{R = Rate of interest}$

⇝$\large\textsf{T = Time period}$

$\LARGE\underline\textbf{SOLUTION :-}$

$\large\textsf{S.I. = \cfrac{P × T × R}{100} }$

$\large\textsf{S.I. = \cfrac{ 4000 × 2 × 12}{100} }$

$\large\textsf{S.I. = \cancel\cfrac{96000}{100} }$

$\large\therefore\textsf{\colorbox{silver}{S.I. = Rs. 960}}$