Question

1 Find the simple interest and the amount at simple interest in problems from 1 through 4 : 1. 184 for 2 years at 5% p.a. 2. 600 for 5 years at 12% p.a. 3. 3350 for 4 years at 6% p.a. . 4. 960 for 3 years at 55% p.a. 2 2 1 TE​

Answer 1

Answer:

1) Given -:

• Principal = ₹184
• Rate = 5%
• Time = 2 years

To Find -:

• Simple Interest and Amount

Solution -:

$\small\rm \bf{SI = \frac{P \times R \times T}{100} }$

$\small\rm{ SI = \frac{184 \times 5 \times 2}{100} }$

$\small\rm{ SI =18.4}$

Amount = Principal + Interest

Amount = ₹184 + ₹18.4

Amount = ₹ 202.4

2) Given -:

• Principal = ₹600
• Rate = 12%
• Time = 5years

To Find -:

• Simple Interest and Amount

Solution -:

$\small\rm \bf{SI = \frac{P \times R \times T}{100} }$

$\small\rm {SI = \frac{600\times 12 \times 5}{100} }$

$\small\rm {SI =360}$

Amount = Principal + Interest

Amount = ₹600 + ₹360

Amount = ₹960

$\bold\star\small\rm\bf {NOTE}$

• SI = Simple Interest
• P = Principal
• R = Rate
• T = Time
• A = Amount