Question

find the simple interest for Rs.400 for 3 years at 5% per annum.​

Answer 1

Step-by-step explanation:

${\boxed{\green{\underline{QUESTION\::-}}}}$

find the simple interest for Rs.400 for 3 years at 5% per annum.

principle = Rs.400

rate = 5%

time = 3 yrs

Hence,

simple interest = P×R×T/100

simple interest = 400×5×3/100

= 60rs

${\blue{\underline{Simple \: interest = Rs.60}}}$

hope it will help you

Answer 2

Answer:

=> The simple interest will be Rs. 60

Step-by-step explanation:

In context to the question asked,

We have to find the simple interest,

As per data given in the question,

We have,

Principal ( P ) = Rs. $400$

Rate of interest ( R ) = $5$%

Time ( T ) = $3$ years

For calculating the simple interest,

The formula to be used:

$S.I = \frac{P \times R \times T}{100}$

Substitute the given values:

$=> S.I = \frac{400 \times 5 \times 3}{100}$

$=> S.I = \frac{6000}{100}$

$=> S.I = Rs.60$

Hence, the required solution is Rs. 60