Question

What will be the simple interest on Rs.1700 at the rate of 10 p.c.p.a for 2 years?​

Answer 1

Answer:

yes

Step-by-step explanation:

Answer 2

Answer:

✡Rs. 340☑

Step-by-step explanation:

Given ⤵

• Principal(P) = Rs.1700
• Rate(R) = 10%
• Time(T) = 2years.

To find⤵

• Simple interest (S.I.)

Solution⤵

⚫Using formula

$✡ \frac{PTR}{100} \\ ➡ \frac{1700 \times 10 \times 2}{100} \\ ➡ \frac{34000}{100} \\ ➡340$

✅Hence, Simple Interest is Rs. 340.

Extra points⤵

$✡S. I.= \frac{PTR}{100} \\ ✡P = \frac{S. I. \times 100}{TR} \\ ✡T = \frac{S. I \times 100}{PR} \\ ✡R = \frac{S. I. \times 100}{PT}$

Where S. I. = Simple interest, P= Principal, T=Time and R= Rate of interest.

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