Question

Compute the simple interest on Rs. 5000 for 2 years at 1 3 % 2 per annum.​

Answer 1

Answer:

₹ 1300

Explanation:

Principal - ₹ 5000

Time - 2 years

Rate of Interest  - 13 %

Simple Interest = PRT/100

= 5000*2*13 / 100

= ₹ 1300

Hope it helps you !!!!

Answer 2

Answer -

• The simple interest is Rs 250.

To find -

• The simple interest.  

Step-by-step explanation -

• Here, the principal, rate and time are given to us. We have to find the simple interest!  

We know that -

$\underline{\boxed{\sf SI = \dfrac{Principal \times Rate \times Time}{100}}}$

Where,

• SI = Simple interest.

Here,

• Principal = Rs 5000.
• Rate = 1 3/2% or 5/2% per annum.
• Time = 2 years.  

Therefore -

$\sf{\mapsto SI = \dfrac{5000 \times \frac{5}{2} \times 2}{100}}$

Cutting off the zeroes,

$\sf{\mapsto SI = \dfrac{50 \times \frac{5}{2} \times 2}{1}}$

$\sf{\mapsto SI = \dfrac{50 \times \frac{10}{2}}{1}}$

$\mapsto \sf SI = 50 \times \dfrac{10}{2}$

$\sf{\mapsto SI= \cancel{\dfrac{500}{2}}}$

$\mapsto \sf SI = Rs \: 250$

Hence -

• The simple interest is Rs 250.

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