What would be the simple intrest at the end of two years an amount rs 1250 at rate of 13.5 per year

To calculate simple interest, we use the formula:

\[
\text{Simple Interest (SI)} = \frac{{\text{Principal} \times \text{Rate} \times \text{Time}}}{100}
\]

Given values:
- Principal (\( P \)) = 1250
- Rate (\( R \)) = 13.5% per year
- Time (\( T \)) = 2 years

Plugging these into the formula:

\[
\text{SI} = \frac{{1250 \times 13.5 \times 2}}{100}
\]

Calculating step-by-step:

1. \( 1250 \times 13.5 = 16875 \)
2. \( 16875 \times 2 = 33750 \)
3. \( \frac{33750}{100} = 337.5 \)

So, the simple interest at the end of two years is **Rs. 337.5**.

Would you like further details or have any questions?

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Here are 5 related questions you might find useful:
1. What would the total amount be after two years with this interest?
2. How does simple interest differ from compound interest?
3. How would the interest change if the rate were 15% instead?
4. What if the time period was extended to 5 years with the same rate?
5. How can we calculate the simple interest if compounded annually?

**Tip:** Simple interest grows linearly with time, unlike compound interest, which grows exponentially.

What would be the simple interest at the end of two years on an amount Rs 1250 at a rate of 13.5% per year?

Find the simple interest for Rs 1250 invested at 13.5% per year over two years. This guide provides a step-by-step solution using the formula for simple interest, ideal for students in Grades 6-8 learning basic financial math.

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