Question

calculate simple interest if interest per year is 3% for lending rs 75000 for 3 years​

Answer 1

Step-by-step explanation:

principal=Rs.75000

time=3 years

Rate=3%

Simple Interest=P×R×T/100

=75000×3×3/100

=750×3×3

=6750

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Answer 2

$principal= rs.75000\\ time = 3 \: years \\rate = 3\% \\ interest = \frac{ptr}{100} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \ = \frac{75000 \times 3 \times 3}{100} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = \: \: \: \frac{ 675,000 }{100} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 6750$

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