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Find simple interest

Principal=rs 4000
Time :2
rate of interest :10%​


Sagot :

Step-by-step explanation:

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Step-by-step explanation:

Simple Interest is calculated using the following formula: SI = P × R × T/100, where P = Principal , T is time and r is interest rate.

So , by the values given

Principal :-rs 4000

Time :-2

rate of interest :- 10%

[tex] \frac{p \times r \times t}{100} [/tex]

[tex] \frac{4000 \times 10 \times 2}{100} [/tex]

[tex] = 800 \: rs[/tex]