Question

1) Calculate simple interest if,
P- 750,000, R10 p.c.p.a. and T -5 years.
step by step​

Answer 1

Answer :-

• The simple interest is Rs 375000.

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 750000.
• Rate = 10 p.c.p.a.
• Time = 5 years.

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Hence,

$\hookrightarrow\rm SI = \dfrac{750000 \times 10 \times 5}{100}$

Cutting off the zeroes,

$\hookrightarrow\rm SI = \dfrac{7500 \times 10 \times 5}{1}$

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

$\hookrightarrow\rm SI =7500 \times 10 \times 5$

Multiplying the numbers,

$\hookrightarrow\overline{\boxed{\rm SI =Rs \:375000}}$

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• Hence, the simple interest is Rs 375000.

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Abbreviations used :-

SI = Simple Interest.

Answer 2

Answer:

750000*10%=7500

7500*5=37500

37500+750000=787500