what will be the simple interest payable on a principle of 5000 for a period 2 years at 25% rate per generate of interest
Answers
Answered by
1
Step-by-step explanation:
P (principle) :- 5000
N (years) :- 2 years
R (rate) :-25 p.c.p.a
S.I (Simple Intrest)=P *Q *R /100
=5000*2*25 / 100
=2500
Answered by
0
Answer:
2500
Step-by-step explanation:
Given principal(P)=5000
time period(T)=2 years
Rate of interest(R)=25%
We know that Simple interest=PTR/100 (P*T*R/100)
= 5000*2*25/100
=2500
Hope this help you!!!!
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