Question

fifind simple interest when principal is equal to 5000 rate is equal is equal to 5% and time is equal to 3 years

Answer 1

P=5000
R=5%
T=3
SIMPLE INTEREST=P*R*T/100
=5000*3*5
SI=750/-

Answer 2

Simple interest = PNR/100
= 5000 * 3 * 5/100
= 750

Therefore simple interest is Rs. 750