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Question

The Interest on Rs6500 for 2years at 7.5%p.ais Rs………………….


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Solution

Given,

Prinicpal , P=Rs6500

Time ,T = 2years

Rate of Interest, R% = 7.5%

Note :

we have a formula to find simple interest i.e Interest or I or SI

I=P×T×R100

Here,

Interest , I=P×T×R100

I=6500×2×7.5100

I=97500100 ( on dividing 97500 by 100, we get 975 )

I=975

Therefore, the answer for given blank is 975


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