Flash Education

Question

The amount of ₹ 2p in t years at the rate of simple interest of $\frac{r}{2}\%$ per annum is Rs .(2p + _________).

Simple Interest

December 27, 2023

Answer

Interest $=\frac{2 p × t × \frac{r}{2}}{1.00}=\frac{p r t}{100}$

Amount $=2 p+\frac{p r t}{100}$

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