Question

22. Find the SI on ₹ 5000 for 3 years at a rate of 10% per annum.

Answer 1

Question :

Find the SI on Rs 5000 for 3 years at a rate of 10% per annum .

Answer :

$\sf\pink{Given:}$

• principal is Rs 5000 .

• Number of years is 3 .

• Rate of interest is 10% .

$\sf\pink{To\:find:}$

• Simple interest ?

Explanation :

$\sf\purple{Simple\:interest = \dfrac{Principal\times Rate\times years}{100}}$

$\\ \longrightarrow\sf{ \dfrac{5000\times 10\times 3}{100}}$

$\\ \longrightarrow\sf{50\times 10\times 3}$

$\\ \longrightarrow\sf{500\times 3}$

$\\ \longrightarrow\sf{1500}$

• Therefore the simple interest is Rs 1500 .

Answer 2

Answer:

SI = rupees 1500