Question

Vinay narrowed RS.50000 from a bank fora period of 2 years at the rate of 4% per anbumama.find the simple interest

Answer 1

Answer:

the formula of SI is PRT/100

Step-by-step explanation:

50000×4×2/100=4000

50000+4000=54000 Answer

Answer 2

Answer:

The simple interest is 4000 Rs.

Step-by-step explanation:

Principal amount P = 50,000 Rs.

Rate of Interest r = 4%

Period n = 2 years

The simple interest is given by

$\boxed{I=\frac{Prn}{100}}$

Thus, the simple interest

$I=\frac{50000\times4\times2}{100}$

$\implies I=500\times4\times2}$

$\implies I=4000$ Rs.

Therefore, the simple interest is 4000 Rs.

Hope this answer is helpful.