Question

calculate the simple interest on 7500 for 5/2 years at 47/3% per annum. find the amount

pls explain ​

Answer 1

Answer:

solution:

here,

principal=7,500

time=5/2 years

rate=47/3%

now,

simple interest=P*T*R/100

                   =(7500*(5/2)*(47/3))/100

                   =293750/100

                   =2937.5

Step-by-step explanation:As the principal, rate and time are given in question, we have to simply use the formula i.e ptr/100. then, putting the values on p, t, and r and calculating them the simple interest is 2937.5.

Answer 2

Question :-

calculate the simple interest on 7,500 for 5/2 years at 47/3% per annum. find the amount

___________________

Solution :-

➲ Given Information :-

• ■ Principal ➢ ₹7,500
• ■ Time ➢ $\bf{ \dfrac{5}{2} }$ years
• ■ Rate of Interest ➢ $\bf{( \dfrac{47}{3}) \%}$

➲ To Find :-

• ■ Amount

➲ Concept :-

• ■ Simple Interest Word Problems

➲ Formula Used :-

• ■ $\boxed{ \boxed{ \rm{ \red{simple \: interest} = \dfrac{ \blue{principal }\times \green{rate} \times \purple{time}}{100} }}}$
• ■ Amount = Simple Interest + Principal

➲ Explanation :-

• ■ For calculating Simple Interest, We have our formula which is mentioned above. We will simply substitute the given values in the formula, Calculate, and get our answer i.e., the Simple Interest.

➲ Calculation :-

We have our 1st formula which is,

$:⇒ \boxed{ \boxed{ \rm{ \red{simple \: interest} = \dfrac{ \blue{principal }\times \green{rate} \times \purple{time}}{100} }}}$

Substituting the given values in the formula, We get,

$\sf: \implies simple \: interest = \dfrac{7,500 \times 47 \times 5}{100 \times 3 \times 2}$

Cancelling & Calculating further, We get,

$\sf: \implies simple \: interest = \dfrac{75 \times 47 \times \times 5}{3 \times 2}$

Cancelling & Calculating further, We get,

$\sf: \implies simple \: interest = \dfrac{25 \times 47 \times 5}{2}$

Simply multiplying the values in the numerator, then dividing it by denominator, We get,

$\sf: \implies simple \: interest = \dfrac{5,875}{2} = ₹2,937.5$

∴ Simple Interest = ₹2,937.5

Now, finding the amount,

Substituting the values in the 2nd formula, We get,

:⇒ Amount = Simple Interest + Principal

:⇒ Amount = ₹2,937.5 + ₹7,500

:⇒ Amount = ₹10,437.5

∴ Amount = ₹10,437.5

____________________

Final Answer :-

• The Amount will be ₹10,437.5

____________________

Note :-

Scroll from right to left to see the whole solution.