Question

find the rate when simple intrest on rs 5000 for 3 year is rs 1500​

Answer 1

Step-by-step explanation:

only example plzz follow me

Answer 2

Answer :-

• Rate per annum = 10%.

Explanation :-

Given :

• Principal = ₹5000.
• Time = 3 Years.
• S.I. = ₹1500.

To Find :

• Rate per annum.

Solution :

Formula Used :-

$\bigstar \: \: \underline{\boxed{\sf{S.I. = \dfrac{P \times R \times T}{100} }}}$

$\implies\sf{1500= \dfrac{5000 \times r \times 3}{100} }$

$\implies\sf{1500 \times 100=5000 \times r \times 3 }$

$\implies\sf{150000= 15000 \times r}$

$\implies\sf{r = \dfrac{150000}{15000} }$

$\implies\boxed{\sf\red{r = 10\%}}$

Therefore, Rate per annum = 10%.