calculate simple interest if, P= ruppes 50,000, R= 10 p.c.p.a and T= 5years.
Answers
Answered by
0
Step-by-step explanation:
S.i= P×R×T/100
= 50000×10×5÷100
= 25000 rs
Answered by
45
Given :
- Principal (P) = Rs 50000
- Rate (R) = 10% p.a
- Time (T) = 5years
To Find :
- Simple Interest
Solution :
✰ In this question, Principal and Rate along with the Time is given and we have to find the Simple Interest, and we know that Simple Interest is given by SI = P × R × T/100 . So simply we will put the given values in the formula to find the Simple Interest.
⠀⠀⠀
⟹ Simple Interest = P × R × T / 100
⟹ Simple Interest = 50000 × 10 × 5/100
⟹ Simple Interest = 50000 × 5/10
⟹ Simple Interest = 5000 × 5
⟹ Simple Interest = Rs 25000
⠀⠀⠀
Thus Simple Interest is Rs 25000
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