find the simple interest when principal= Rs.2000 rate, rate of interest =5% per annum and time =5 years ​

find the simple interest when principal= Rs.2000 rate, rate of interest =5% per annum and time =5 years ​

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2 thoughts on “find the simple interest when principal= Rs.2000 rate, rate of interest =5% per annum and time =5 years ​”

  1. Step-by-step explanation:

    Given Principal = Rs 2000, Rate of Interest = 5% per annum and Time = 5 years.

    We know that simple interest = (P × T × R)/100

    On substituting these values in above equation we get SI = (2000 × 5 × 5)/100

    = Rs 500

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