Question

find the simple . interest for Rs. 6000 at 10% for 4 years​

Answer 1

Step-by-step explanation:

interest=10×4=40%

so

40%of 6000=2400

Answer 2

Given :-

• Principal (P) = Rs 6000
• Rate (R) = 10%
• Time (T) = 4 years

To Find :-

• Simple Interest

Solution :-

➞ Simple Interest = P × R × T / 100

➞ Simple Interest = 6000 × 10 × 4 / 100

➞ Simple Interest = 60 × 10 × 4

➞ Simple Interest = 60 × 40

➞ Simple Interest = Rs 2400

Thus Simple Interest is Rs 2400

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★ Additional Info :

• Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.
• Rate of interest: The interest paid on Rs, 100 for one year is called the rate per cent per year or rate per cent per annum.
• Time: The period of time for which the money is lent or invested.
• Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
• Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
• Amount: The total money paid back to the lender is called the amount.

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