Question

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

Answer 1

Answer:

rs.37500

Step-by-step explanation:

PRINCIPAL = RS.750000

RATE = 10%P.A

T= 5YRS

SI = P×R×T/100

= 750000×10×5/100

SI = 37500

Answer 2

Given :

• Principal (P) = Rs 750000
• Rate (R) = 10% p.a
• Time (T) = 5 years

To Find :

• Simple Interest

Solution :

✰ In this question, Principal and Rate along with the Time is given and we have to find the Interest, and we know that Interest is given by SI = P × R × T/100 . So simply we will put the given values in the formula to find the Interest.

⠀⠀⠀

⟹ Simple Interest = P × R × T / 100

⟹ Simple Interest = 750000 × 10 × 5/100

⟹ Simple Interest = 750000 × 5/10

⟹ Simple Interest = 75000 × 5

⟹ Simple Interest = Rs 375000

⠀⠀⠀

Thus Simple Interest is Rs 375000

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★ Additional Info :

$\small\boxed{\begin{array}{cc}\large\sf\dag \: {\underline{More \: Formulae}} \\ \\ \bigstar \: \sf{Principle :- \dfrac{SI \times 100}{R \times T}} \\ \\\bigstar \: \sf{Rate \: of \: Interest :- \dfrac{SI \times 100}{P \times T}} \\ \\ \bigstar \: \sf{Time :- \dfrac{SI \times 100}{P \times R}}\end{array}}$