Question

5. Rumni takes a loan of 14,000 on 6% rate of interest per annum for 5 months, Calculate the simple​

Answer 1

Answer:

Given :-

• Principal = 14,000
• Rate = 6%
• Time = 5 months

To Find :-

SI

SoluTion :-

As we know that

${ \huge {\boxed{\bf\: SI = \dfrac {PRT}{100}}}}$

SI is the Simplest Intrest

P is the Principal

R is the Rate

T is the Time

$\sf \implies \: SI = \dfrac{14000 \times 6 \times 5}{100}$

$\sf \implies \: SI = \dfrac{ \cancel{14000} \: \times 6 \times 5}{ \cancel{100}}$

$\sf \implies \: SI = \dfrac{140 \times 6 \times 5}{1}$

$\frak \red{SI = 4200}$

Hence :-

Simple Interest is ₹4200

Focus Zone :-

• Amount = Principal + Simple Interest

Answer 2

$\: \: \: \: \: \:{\Large{\bf{\underbrace{Required \: answer}}}}$

${\large{\bold{\rm{\underline{Question}}}}}$

◕ Rumni takes a loan of Rupees 14,000 on 6% rate of interest per annum for 5 months. Calculate the simple interest.

${\large{\bold{\rm{\underline{Given \; that}}}}}$

◕ Principal = Rupees 14,000

◕ Time = 5 months

◕ Rate of interest = 6 %

${\large{\bold{\rm{\underline{To \; find}}}}}$

◕ Simple interest

${\large{\bold{\rm{\underline{Solution}}}}}$

◕ Simple interest = 4200 Rupees

${\large{\bold{\rm{\underline{Using \; concepts}}}}}$

◕ Formula to find Simple Interest

${\large{\bold{\rm{\underline{Using \; formula}}}}}$

${\boxed{\boxed{\sf{SI \: = \dfrac{PRT}{100}}}}}$

${\large{\bold{\rm{\underline{Full \; Solution}}}}}$

${\sf{SI \: = \dfrac{PRT}{100}}}$

Where,

⚕ P denotes Principal

⚕ R denotes Rate of interest

⚕ T denotes Time

${\sf{\longmapsto SI \: = \dfrac{14000 \times 6 \times 5}{100}}}$

${\sf{\longmapsto SI \: = \dfrac{14000 \times 30}{100}}}$

${\sf{\longmapsto SI \: = \dfrac{420000}{100}}}$

${\sf{\longmapsto SI \: = 4200 \: Rupees}}$

${\pink{\frak{Henceforth, \: 4200 \: Rupees \: is \: SI}}}$