find the intrest and the amount in the following cases $ 10000 for 3 year at 5/ per a
Answers
Question :-
find the interest and the amount in the following cases $ 10000 for 3 years at the rate of 5% per annum.
Answer :-
- Simple interest = 1500.
- The total amount = 11,500.
Given :-
- The principal = $10000
- Rate = 5%
- Time = 3 years.
To find :-
- The simple interest.
- The total amount.
Step by step explanation :-
As we know , We need to find simple interest by the data given to us. To find simple interest, There is a forumla let's see the formula and know how to do it :
Formula:
Solution:
By applying the formula , We get :
First cute off all the zeros , We have :
Now, We will multiply the remaining numbers.
So, The simple interest is $1500.
Now, For amount:
Let's use this formula :
By applying this formula, We get :
So, The amount is 11,500.
Question :-
find the interest and the amount in the following cases $ 10000 for 3 years at the rate of 5% per annum.
Answer :-
Simple interest = 1500.
The total amount = 11,500.
Given :-
The principal = $10000
Rate = 5%
Time = 3 years.
To find :-
The simple interest.
The total amount.
Step by step explanation :-
As we know , We need to find simple interest by the data given to us. To find simple interest, There is a forumla let's see the formula and know how to do it :
Formula:
\boxed{ \mathfrak{ S.I = \dfrac{ Principal \times Rate \times Time}{100} }}
S.I=
100
Principal×Rate×Time
Solution:
By applying the formula , We get :
\bf{ S.I = \dfrac{10000 \times 5 \times 3}{100} }S.I=
100
10000×5×3
First cute off all the zeros , We have :
\bf{ S.I = \dfrac{100 \times 5 \times 3}{1} }S.I=
1
100×5×3
Now, We will multiply the remaining numbers.
\bf S.I = 100 \times 5 \times 3S.I=100×5×3
\bf S.I = 1500S.I=1500
So, The simple interest is $1500.
Now, For amount:
Let's use this formula :
\boxed{ \mathfrak { Amount = Principal + Interest }}
Amount=Principal+Interest
By applying this formula, We get :
\bf Amount = 10000 + 1500 = Rs \: 11,500.Amount=10000+1500=Rs11,500.
So, The amount is 11,500.