Question

Amit deposited Rs 3000 in a saving account at the interest in a

saving account at the interest rate of 5% per year. How much

simple interest will he earn in 6 years?​

Answer 1

Answer:

Pincipal :- 3000 = R

Rate =5% = P

Time = 6= T

So, SI= R×P×T

---------

100

= 3000×5×6

------------------

100

= 30×5×6

-------------

1

= 150×6

= 900

Answer 2

Step-by-step explanation:

simple interest=Principal*Rate*Time

100

= 3000*5*6

100

=900

so interest is 900 rupees