Question

find simple intrest on rs 10,000 for 3 years at 5% rate of intrest.​

Answer 1

Answer:

Step-by-step explanation:

S.I= PXRXT/100

=10,000 X 5 X3/100

= ₹ 1,500

Answer 2

Answer:

So simple intrest = 1500 rupees

Step-by-step explanation:

The formula for finding simple intrest is

$\frac{principle \times rate\% \times time }{100}$

According to Question

Rate of interest (R) = 5%

Time (T) = 3

Principal (P) = 10,000

According to the formulae

$\frac{10000 \times 5 \times 3}{100} = 1500$

So simple intrest = 1500 rupees

Related formulaes

Principal =

$\frac{intrest \times 100}{rate\% \times time \: period}$

Rate =

$\frac{intrest \times 100}{principal \times time}$

Time =

$\frac{intrest \times 100}{principal \times rate}$

Amount= $Principal + Simple intrest$