Step-by-step explanation:
Simple Interest is calculated using the following formula: SI = P × R × T/100, where P = Principal , T is time and r is interest rate.
So , by the values given
Principal :-rs 4000
Time :-2
rate of interest :- 10%
[tex] \frac{p \times r \times t}{100} [/tex]
[tex] \frac{4000 \times 10 \times 2}{100} [/tex]
[tex] = 800 \: rs[/tex]
