Find Simple interest on amount Rs 3680 for 2 years at 6 percent per annum.

Given:

Principal Amount (P) = ₹ 3680

Time (T) = 2 years

Rate (R) = 6 %

To find: We have to find the simple interest on amount rs 3680 for 2 years at 6% per annum.

Solution:  

We know that, $SI\ =\ \frac{ptr}{100}$

$\Longrightarrow \ SI\ =\ \frac{3680\times \ 6\times 2}{100}$

$\Longrightarrow \ SI\ =\ \frac{44160}{100} \ =\ 441.60\ Rs$

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Updated on: 10-Oct-2022

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