Question

what is the simple interest of 800 naira for 11/2 year at 5% per anum

Answer 1

Answer:

Principal = $2000

Rate = 5% p.a.  

T = 3 years

S.I = (P × R × T)/100  

     = (2000 × 5 × 3)/100  

      = $ 300

Amount = P + I

            = $ ( 2000 + 300 )  

            = $ 2300

Step-by-step explanation:

Answer 2

Simple interest formula = P*R*T

                                             100

P = ₹ 800

T = 11/2 yrs

R = 5% p.a.

∴ (PRT)/100

⇒ (800 * 11/2 * 5)/100

⇒ (800 * 11 * 5)/100

⇒ 4*11*5

⇒ 220

Ans:- ∴ SI = ₹220

Hope this helps!!!!!!