Find the total simple interest on ₹ 700 at `8%` per annum and on ₹ 1600 at `7%` p.a. for 2 years

Explanation

To find the total simple interest on ₹700 at 8% per annum and on ₹1600 at 7% per annum for 2 years, we will follow these steps:

### Step 1: Calculate Simple Interest for ₹700 at 8% per annum for 2 years

The formula for Simple Interest (SI) is:
\[ SI = \frac{P \times R \times T}{100} \]
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