1. find simple interest if
principal= 55000 rate. = 5. %
per annum time. = 5 years
O 55010
O 27000
O 13750
O 12860
O none of the above
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Answer
Rs. 1, 735
Step-by-step explanation:
Given :-
Principal = 55000 , Rate = 5% , per annum & time = 5 yrs
S.I = P × R × T/100
= 55000 × 5 × 5 / 100 after cancelling
= 1, 735
= Rs. 1, 735
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