Find the simple interest (in ₹) on ₹2000
Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 9% per year rate of interest for 2 years.
2 वर्षो के लिए 9% वार्षिक की ब्याज दर पर उधार ली गई राशि ₹2000 पर साधारण ब्याज (₹ में ) ज्ञात कीजिए।
Detailed Solution & Logic
Correct Answer:
360
P = 2000, r = 9%, t = 2 years
Simple Interest = $ \frac{P \times r \times t}{100} $
$ = \frac{2000 \times 9 \times 2}{100} $
= 360
Simple Interest = ₹360
Similar Practice Questions
If a sum amounts to ₹12,900 at the end of the 4th year and ₹14,250 at the end of the 5th year at simple interest, what is the rate of interest?
If a sum amounts to ₹12,900 at the end of the 4th year and ₹14,250...
Nitin has ₹1617 with him.
Nitin has ₹1617 with him. He divided it amongst his sons Pravin and Rishi and...
Amit invests a sum of ₹5400
Amit invests a sum of ₹5400 and Gopal invests a sum of ₹9400 at the...
Mandar has two grandsons ketan and Tushar.
Mandar has two grandsons ketan and Tushar. 11 year old ketan gets some money from...
A sum amounts to ₹6,600 in 2 years and ₹7,200 in 4 years at simple interest. What is the rate of interest per annum?
A sum amounts to ₹6,600 in 2 years and ₹7,200 in 4 years at simple...
“A trader invests ₹50,000 at an annual compound interest rate of 6%. Find half of the compound interest he will receive after 3 years.”
“A trader invests ₹50,000 at an annual compound interest rate of 6%. Find half of...
Mahesh has ₹1617 with him.
Mahesh has ₹1617 with him. He divided it amongst his sons Vijay and Ajay and...