Question

What is the simple interest of rs 560 at 10 percent per anum for a period of two years

Answer 1

Answer:

rs112

Step-by-step explanation:

Given Principal amount( P) = rs 569

Time period(T) =2yrs

rate of interest (R) =10% per annum

Simple interest = PTR/100

SI= 569×2×10/100

SI= 112rs

Hope it helps

Answer 2

Given:

Principle = 560 rupees

Rate of interest = 10%

Time period = 2 years

To Find:

Find the simple interest of 560 rupees at 10% per annum for a period of two years.

Solution:

Given,

Principle (p) = 560 rupees

Rate of interest (r) = 10%

Time period (t) = 2 years

Now, Simple interest (t) = $\frac{prt}{100}=\frac{560*10*2}{100} =112$rupees

Therefore, the simple interest of  560 rupees at 10% per annum for a period of two years is 112 rupees.