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।

400 320 360 300

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

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Find the simple interest (in ₹) on ₹2000

Detailed Solution & Logic

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