Question

1) Calculate simple interest if,
P= 750,000, R = 10 p.c.p.a. and T = 5 years.​

Answer 1

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Answer 2

Given :-

• Principal ( P ) = 750,000,  

• Rate of interest ( r ) R = 10 p.c.p.a.  

• Time ( T ) = 5 years

To Find :-

• Calculate the simple interest ( SI )

Solution :-

~Here, we’re given the principal , rate of interest, time and we need to find the simple interest. We can  easily find the simple interest by putting the values in the formula.

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As we know that ,

$\boxed{\sf{ \maltese \;\; SI = \dfrac{ P \times r \times T }{100} }}$

Where,

• P is principal
• r is rate of interest
• T is time

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Finding the simple interest :-

$\sf \dashrightarrow SI = \dfrac{7,50,000 \times 5 \times 10 }{100}$

$\sf \dashrightarrow SI = 7,500 \times 5 \times 10$

$\boxed{\bf{ \bigstar \;\; Simple\;Interest = Rs. \; 3,75,000 }}$

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Hence,  

• The simple interest is of Rs. 3,75,000

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