2
1. Find the simple interest and amount on a
sum of 10,000 for 2 years at a rate of 8%
per annum​

Question

2
1. Find the simple interest and amount on a
sum of 10,000 for 2 years at a rate of 8%
per annum​

in progress 0
Faith 2 months 2021-07-27T03:39:28+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-07-27T03:40:45+00:00

    I = PRT/100

    I = 10000*2*8/100

    I = 1600

    Please mark as brainliest answer

    0
    2021-07-27T03:41:17+00:00

    Question:

    Find the simple interest and amount on a

    sum of 10,000 for 2 years at a rate of 8%

    per annum​.

    Answer:

    =1,600

    Explanation:

    Simple interest = \frac{P*T*R}{100}

    P(Principal)=10,000

    T(Time Period)=2 years

    R(Rate)=8% per annum

    =\frac{P*T*R}{100} \\\\=\frac{10,000*2*8}{100} \\\\=1,600

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