Question

Find the interest on Rs. 9500 for 3 years at the rate of 11 p.c.p.a.​

Answer 1

Answer:

Given, Principal(P)= Rs 6000

Rate of interest (R)=10%

Time=1 year

Interest =

100

P×R×T

=

100

6000×10×1

= Rs 600

Answer 2

Answer:

$simple \: interest = \frac{p \times r \times t}{100} \\ = \frac{9500 \times 3 \times 11}{100} \\ = 3135rupees \\ \huge \green{hope \: its \: helpful}$