Question

4. Find the simple interest when P = 5,500 R = 3-% p.a. interest when T = 4 years​

Answer 1

Aɴsᴡᴇʀ:

• The required Simple Interest = Rs.660

Gɪᴠᴇɴ:

• The given Principle is Rs.5500.
• The given Rate of interest is 3%.
• The given Time is 4 years.

Nᴇᴇᴅ ᴛᴏ ғɪɴᴅ:

• The required Simple Interest = ?

Solution:

Fᴏʀᴍᴜʟᴀ ᴜsᴇᴅ ʜᴇʀᴇ:

• Simple interest = P × R × T/100

Pᴜᴛᴛɪɴɢ ᴛʜᴇ ᴠᴀʟᴜᴇs:

➦ Simple interest = 5500 × 3 × 4/100

➦ Required Simple interest = 55 × 3 × 4

➦ Required Simple interest = 55 × 12

➦ Required Simple interest = Rs. 660

Tʜᴇʀᴇғᴏʀᴇ:

• The required Simple Interest = Rs.660

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Answer 2

Answer:

660 is your answer , hope it helps