Question

17. Find the simple interest on an
amount of Rs. 1250 for 4 years at
6% per annum.​

Answer 1

Answer:

300

Step-by-step explanation:

Principal = 1250

Rate of interest = 6%

Time = 4 years

Si =(p×r×t) /100

Si= (1250×6×4)/100

30,000/100

Si=300

300

Answer 2

Answer:

Given:

⇏ Rs. 1250 for 4 years at 6% per annum.

Find:

⇏ Find the simple interest on an

amount.

According to the question:

⇏ $\sf Principal = 1250$

⇏ $\sf Rate = 6 \%$

⇏ $\sf Time = 4 \: years$

Know terms:

⇏ $\sf Principal - (P)$

⇏ $\sf Rate - (R)$

⇏ $\sf Time - (T)$

⇏ $\sf Simple \: Interest - (SI)$

Using formula:

⇏ $\sf SI = \frac{P \times R \times T}{100}$

⇏ $\sf SI = \frac{1250 \times 6 \times 4}{100}$

⇏ $\sf SI = \frac{30000}{100}$

⇏ $\sf SI = 300$

Therefore, 300 is the simple interest.