Answer:
2,950 Rupees
Step-by-step explanation:
To find the simple interest, we can use the formula:
A = P(1 + rt)
Now we can simply substitute the values given in the formula.
Before anything, it is a good practice to define the values of each variable.
P = 2,500
r = 9% or 0.09
t = 2
Now we proceed to use the values in the formula.
A = 2,500(1 + (0.09 × 2))
A = 2,500(1 + 0.18)
A = 2,500( 1.18 )
A = 2,950.00 Rupees
