Question

find the simple interest on a sum of RS.12,600 at rate of 5percent per annul in 2 years.​

Answer 1

Answer:

Rs 1260

Step-by-step explanation:

simple interest (I) is calculated as

I = $\frac{PRT}{100}$ ( P is the principal, R the rate of interest and T the time in years )

here P = 12,600, R = 5 , T = 2 , then

I = $\frac{12600(5)(2)}{100}$ = 126 × 10 = Rs 1260

Answer 2

Answer:

Rs. 11,340

Step-by-step explanation:

P = 12,600

R = 5%

T = 2 years

S.I = P - A

A = PRT/100

= 12600 x 5 x 2/100 = 1260

S.I = 12600 - 1260

= Rs. 11,340

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