Question

The Simple interest when P= Rs2000, Rate of interest is 5% pa, the time period is 5 yrs is

Answer 1

Step-by-step explanation:

Simple Intrest = P×R×T/100

P=2000Rs

R=5%

T=5yr

Simple Intrest =2000×5×5/100

= 500 Rs

Answer 2

Answer:

₹500

Step-by-step explanation:

Simple Interest = Principle × Rate of Interest × Time or period in your words / 100 or divided by 100

So we should now do in the process

Simple Interest = 2000 × 5 × 5 / 100

= 2000 × 5 = 10000

= 10000 × 5 = 50000

= 50000/100 or 50000÷100

= ₹500

If there any mistakes sorry for that but hope you understand better.

It's might easy for you in step-by-step explanation. Thank you.