Anjali
deposited the amount of 11,000/= in a bank which gives an interest rate of 5%
for 2 years. Find the simple interest she got?

__Solution__
I = ?, P = 11,000/=, T = 2 years, R = 5%

I =

__PRT__
100

I =

__11,000 x 5 x 2__
100

I =

__110__~~00~~ x 5 x 2
1~~00~~

I = 110 x 5 x 2

I = 1100/=

Hence the simple interest
was Tsh 1100/=

__TRY THIS………………..__
Chudasama
deposited the amount of 9000/= in a bank which gives an interest rate of 5% for
3 years. Find the simple interest she got?