Calculate S.I. on Rs. 5000 for 18 months 5% p.a.
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Answered by
11
Answer:
The simple interest is of Rs. 375.
Step-by-step explanation:
Given :
Principal = Rs. 5000
Time = 18 months
Rate = 5%
To find :
The Simple Interest
Solution :
First, convert the 18 months into years,
⇒ 18/12
⇒ 1.5 years
⇒ SI = (5000 × 5 × 1.5)/100
⇒ SI = 5000 × 7.5/100
⇒ SI = 50 × 7.5
⇒ SI = 375
Simple interest = Rs. 375
Therefore, the simple interest is of Rs. 375.
Answered by
6
♀Question :-
- Calculate S.I. on Rs. 5000 for 18 months 5% p.a.
♀Solution :-
Given :
- Principal (P) = Rs 5000
- Rate (R) = 5%
- Time (T) = 18 months
To Find :
- Simple Interest (SI) .
Now,
- Time=
∴ SI = Rs 375
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