Question

Find simple interest on rs 1000 at the rate 10 pcpa for 5 years

Answer 1

Answer:

1500₹

Step-by-step explanation:

= 1000 × 10/100 ×5

= 100×5

=500

S.I. = 500₹

Amount after 5 years would be 1000+500

= 1500 ₹

(Have a Good Day buddy )

Answer 2

Answer:

Step-by-step explanation:

Principle = p = 1,000

Rate of Interest = 10%

Time = 5 yrs

Si = P × I × T

Si = 1,000 × 10% × 5

Si = 500

Hence the simple interest is 500