Question

2. Saba deposited 18,000 in a bank for 3 years which
pays 6% interest per year. Find the simple interest
she will get at the end of 3 years.​

Answer 1

Answer♡~

Principal= rs.18000

Rate of interest =6%

Time = 3 years

$\sf \:Simple \: interest = \frac{p \times r \times t}{100} \\ \\ \sf \frac{180 \cancel{00} \times 6 \times 3}{1 \cancel{00}} = 3240$

So rs.3240 is the simple interest after three years.

☺Hope it helps you...

Answer 2

$\bf {\underline {\boxed {\pink {Simple \: Interest = Rs \: 3240}}}}$

$\bf {\underline {\boxed {\pink {Amount = Rs \: 21240}}}}$

Step-by-step explanation:

GIVEN

Principal = ₹18000

Rate = 6%

Time = 3 years

___________________________

TO FIND

Simple Interest

Amount

___________________________

We know that,

Simple Interest = ( Principal × Rate × Time ) / 100

Simple Interest = ( 18000 × 6 × 3 ) / 100

Simple Interest = 324000 / 100

Simple Interest = 3240

$\bf {\underline {\boxed {\pink {Simple \: Interest = Rs \: 3240}}}}$

___________________________

We know that,

Amount = Principal + Simple Interest

Amount = 18000 + 3240

Amount = 21240

$\bf {\underline {\boxed {\pink {Amount = Rs \: 21240}}}}$