Question

Calculate the simple interest on ₹6000 at 4% per annum for 6

months.​

Answer 1

Answer:

Given principal amount (P) = ₹6000

Given rate of interest (R) = 4% per annum

Given time period (T) = 6 months = 1/2 years

Simple interest = P x R x T / 100

⇒ $\frac{6000*4}{100}$ × $\frac{1}{2}$

⇒ 60 * 4 * $\frac{1}{2}$

⇒ 240 * $\frac{1}{2}$

⇒ ₹120

∴ Hence, the simple interest is of ₹120. (don't ask me from where i got the ruppee symbol)

Thnx and have a nice day!

✌(●'◡'●)

Answer 2

$\rm{Simple \:Interest = (Principal \times Rate \times Time)/100}$

$\longrightarrow\rm{Simple \:Interest = (Rs. \:6000 \times 4\:\% \times 6/12)/100}$

$\longrightarrow\rm{Simple \:Interest = Rs. \:60 \times 4 \times 1/2 = Rs. \:60 \times 4/2}$

$\longrightarrow\rm{Simple \:Interest = Rs. \:60 \times 2= Rs. \:120}$