Calculate the Simple Interest if $P =$ ₹ $2500, R = 10.5 % p . a ., T = 2 y e a r s$ .

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Solution

Calculating the Simple Interest
Given, $P = R s 2500, R = 10.5 % p . a ., T = 2 y e a r s$
$S I = \frac{P \times R \times T}{100} = \frac{2500 \times 10.5 \times 2}{100} = R s 525$ .
Hence the simple interest is Rs. 525

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Similar questions

Calculate the simple interest if $P = R s 520, R = 10 p a i s e p e r 100 R s . p . a ., T = 3 m o n t h s$ .

Calculate the simple interest in the following cases:

$P=4800Rs,T=3$ $P = ₹ 8600$ , $T = 2$ years $,R=6\%$ , $R = 8 %$ per annum.

P r i n c i p l e = R s 6400, r a t e = 6 % p . a

t i m e = 2 y e a r s

= R s . 2650, r a t e = 8 % p . a

t i m e = 2 \frac{1}{2} y e a r s

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