Find the simple interest on Rs 4500 for 2 years at 6% per annum. find

1.	Find the simple interest on Rs 4500 for 2 years at 6% per annum. find the amount after 2 years
Answer» Before, finding the answer. LET's find out we can find the answer. In this QUESTION, we are asked to find the Simple Interest. So, to find the Simple Interest, we must use the formula of : $\boxed{ \sf Simple \: Interest = \frac{P \times R \times T}{100} }$ Now, to find the Amount, we must add the Simple Interest with the PRINCIPAL. __________________________ Given : Principal = Rs. 4500 Rate = 6% Time = 2 years To find : Simple Interest Amount Solution : We know that, ${ \hookrightarrow \sf Simple \: Interest = \dfrac{P \times R \times T}{100} }$ ${ = \sf \dfrac{4500 \times 6 \times 2}{100} }$ ${ = \sf \dfrac{4500 \times 18}{100} }$ ${ = \sf \dfrac{45 \not 0 \not 0 \times 18}{1 \not0 \not0} }$ ${ = \sf \dfrac{45 \times 18}{1 } }$ ${ = \sf \dfrac{810}{1 } }$ ${ \sf = 810 }$ THEREFORE, Simple Interest is Rs. 810. Now, ${ \hookrightarrow \sf Amount = Principal + Simple \: Interest }$ ${ \sf = 4500 + 810 }$ ${ \sf = 5310 }$ Therefore, the Amount is Rs. 5310.