Question

1) Calculate simple interest if,
P= 50,000, R= 10 p.c.p.a. and T=5 years.
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Answer 1

Answer:

=(50000×5×10)/100.

=2500000/100.

=25000.

Answer 2

Answer :-

• The simple interest is Rs 25000.

To find :-

• The simple interest.

Step-by-step explanation :-

• Here, the principal, rate and time have been given to us. We have to find the simple interest.

We know that :-

$\underline{ \boxed{ \sf SI = \dfrac{Principal \times Rate \times Time}{100} }}$

Here,

• Principal = Rs 50000.
• Rate = 10 p.c.p.a.
• Time = 5 years.

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Substituting the given values in this formula,

$\hookrightarrow\tt SI = \dfrac{50000 \times 10 \times 5}{100}$

Cutting off the zeroes,

$\hookrightarrow\tt SI = \dfrac{500 \times 10 \times 5}{1}$

Now let's multiply the remaining numbers since we can't reduce them anymore.

$\hookrightarrow\tt SI =500 \times 10 \times 5$

Multiplying the numbers,

$\hookrightarrow\overline{ \boxed{ \tt SI =Rs \: 25000}}$

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• Hence, the simple interest is Rs 25000.

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Abbreviations used :-

SI = Simple Interest.