The interest for 3 years on Rs 2400 is Rs 576. find the interest on Rs 4000 for 2 years at the same rate of interest give me correct answer or explaination​ with solution stepby step

➤ Answer :-

First of all, we should calculate the rate of interest to the first problem.

The next step is to calculate the simple intrest with obtained answer to first problem.

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➤ Given :-

Simple Interest :- ₹ 576

Principle :- ₹ 2400

Time :- 3 years

➤ To Find :-

Rate of interest to the first problem in the following question

➤ Formula required :-

➤ Solution :-

Here,

SI = Simple Interest

P = Principle

T = Time

So,

The rate of interest is 8 .

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Now, we can find the solution to the second problem

➤ Given :-

Principle :- ₹ 4200

Time :- 2 years

Rate of interest :- 8  

➤ To Find :-

Simple interest for the second problem of the question

➤ Formula required :-

➤ Solution :-

The simple interest for the second problem is ₹ 672

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