find out the difference of simple interest for 2years and 3years on. sum of Rs2100 at 8% per annum​

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find out the difference of simple interest for 2years and 3years on. sum of Rs2100 at 8% per annum​

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  1. Answer

    The difference of interest for 2 years and 3 years on a sum of ₹ 2100 at 8% per annum is ₹ 168.

    From the question it is given that,

    Then, we know the formula of Simple interest I = (P × R × T)/100.

    I = (P × R × T)/100.

    The difference of interest for 2 years and 3 years = 3 years – 2 yeas.

    Hope it helps u

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