# How much simple interest will ?

How much simple interest will Rs. 2000 earn in 18 months at 6% per annum?

- 120
- 180
- 216
- 2

**Answer: (2). 180**

Given:

Principal = P = 2000,

Rate = R = 6% per annum,

Time = T = 18 months = 1.5 year.

Simple interest = PRT ÷ 100

S.I = (2000x6x1.5) ÷ 100

**S.I = 180**