Question

Calculate the Interest on Rs. 3000 at 10% per annum for a period of 3 years.

Answer 1

Given :-

• Principal = Rs. 3000
• Rate of intrest = 10%
• Time = 3 years

To Find :-

• Simple intrest = ?

Answer :

• Simple intrest = Rs. 900

Explaination :-

➝ Simple Intrest = Principal × Rate × Time ÷ 100

➝ Simple Intrest = 3000 × 10 × 3 ÷ 100

➝ Simple Intrest = 30 × 10 × 3

➝ Simple Intrest = Rs. 900

Therefore, the Interest on Rs. 3000 at 10% per annum for a period of 3 years is Rs. 900.

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Answer 2

$\huge\bold{\underline{Question:}}$

Calculate the Interest on Rs. 3000 at 10% per annum for a period of 3 years.

$\huge\bold{\underline{Answer:}}$

Given:

$\purple\bigstar$Principal = Rs. 3000

$\blue\bigstar$Rate of interest = 10 %

$\green\bigstar$Time = 3 years

To find:

Calculate the simple Interest ( I )

Solution:

We know that,

$\boxed{\bf{\red{I=\dfrac{P×R×T}{100}}}}$

Where,

• P = principal
• R = Rate of interest
• T = Time

$\sf{\implies Interest = \dfrac{3000×10×3}{100}}$

$\sf{\implies Interest = 30×10×3}$

$\boxed{\sf{\pink{⟹\:Interest (I)=Rs.900}}}$

Therefore,the Interest on Rs. 3000 at 10% per annum for a period of 3 years is Rs. 900

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