Question

find the simple interest for rs1000 for 3 years at the rate it of 5%​

Answer 1

simple interest =1000×3×5/100 rupees =150 rupees

Answer 2

Given :

ㅤㅤㅤㅤ★Principal amount ( PA ) = Rs 1000

ㅤㅤㅤㅤ★Time ( T )= 3 years

ㅤㅤㅤㅤ★Rate of interest = 5%

To find :

ㅤㅤㅤㅤ★Simple interest ( SI )

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SI = PA × T × Rate of interest

ㅤ = 1000 × 3 × 5/100

ㅤ = Rs 150

Hence, the simple interest is Rs 150