Question

Calculate simple interest :

Answer 1

Answer:

the simple interest in both cases is 200 and 756 respectively

Step-by-step explanation:

The computation of the simple interest is shown below:

As we know that

Simple interest = P × r% × t

So

a. Simple interest is

= 2,500 × 8% × 1

= 200

b. The simple interest is

= 4,200 × 6% × 3

= 756

Hence, the simple interest in both cases is 200 and 756 respectively