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Sauron [17]
3 years ago
7

What is the simple interest on £2000 at 5% for 3 years?

Mathematics
2 answers:
aleksandrvk [35]3 years ago
7 0

Answer:

300

Step-by-step explanation:

(2000×5×3)÷100

=£300

Inessa05 [86]3 years ago
3 0

Answer:

£ 300

Step-by-step explanation:

P  = £2000

r = 5%

t = 3 years

Simple Interest = Prt

                         = \frac{2000 * 5 * 3}{100}

                        = 20 * 5 * 3

                        = £ 300

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