find simple interest . Rs 250 for 1 year it 3% per annum
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Answered by
3
Answer :
- Simple interest is 7.5
Given :
- Principal = Rs.250
- Rate of interest = 3 % per annum
- Time = one year
To find :
- Simple interest
Solution :
We know that ,
- Simple interest = (P × R × T) / 100
Where,
- P is principal
- R is rate
- T is time
Substituting the value :
↬ Simple interest = P × R × T / 100
↬ Simple interest = 250 × 3 × 1 / 100
↬ Simple interest = 25 × 3 × 1 / 10
↬ Simple interest = 75/10
↬ Simple interest = 7.5
Hence , Simple interest is 7.5
Answered by
9
★ Given :-
- Principal = Rs. 250
- Rate = 3 %
- Time = 1 year .
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★ To Find :-
- Simple Interest = ?
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★ Solution :-
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∓ Here, it is given that, Principal is Rs. 250, Rate of Interest is 3 % , Time is 1 year . And, we have to find the Simple Interest .
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- Now, let's solve step by step -----
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★ Hence :-
- Simple Interest = ₹ 7.5
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★ Learn More :-
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