wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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


Open in App
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


flag
Suggest Corrections
thumbs-up
4
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Simple Interest
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon