the sum of rs 2500 is given as a loan for 2 year at the rate of 10%p.a find the simple intrest and amount
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Answered by
8
principal (p) = ₹2500
rate(r) = 10% p.a
time(t) = 2 years
Interest
=p*r*t/100
=2500*10*2/100
=₹500
Amount
=principal+interest
=2500+500
=₹3000
Answered by
4
Answer:
principle is ₹2500
time is 2 years
rate is 10%
so,
simple interest = ptr/100
= ₹(2500×2×10/100)
= ₹500
Amount = p+ si
=₹(2500+500)
= ₹3000
thank you❤
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