Question

find the intresest of three years-250 at the rate 6%​

Answer 1

Here we have to find the interest

Given: Principal = 250

          Time = 3 years

          Rate = 6 %

we will use the formula of simple interest

Simple interest =  ( P × R × T ) / 100

Putting the values in the above formula

Interest = ( 250 × 6 × 3 ) / 100

             = 45

Hence, the interest will be 45

Answer 2

As per the data given in the question,

We have to determine the value of interest.

As per question,

it is given that,

Principal = Rs. 250

Time = 3 years

Rate of interest = 6%

As we know that,

We have the formula for finding the SI,

We have,

$SI = \frac{PRT}{100}$

Now putting the value of P, R and T in above formula,

We will get,

$SI = \frac{250 \times 6 \times 3}{100}\\=>SI = Rs.\:45$

Hence, value of the interest will be Rs. 45.