Question

Find the simple interest for the principle Rs 13,000 at 11% per annum for 3 years​

Answer 1

Answer:

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Answer 2

☁️ Answer:-

~ Simple Interest on the principal Rs 13,000 at 11% per annum for 3 years is Rs. 4,290.

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☁️ Step By Step Instructions:-

Given:-

• P = Rs. 13,000
• R = 11% per annum.
• T = 3 years

where,

• P = Principal or the Sum
• R = Rate Of Interest
• T = Time

To Find:-

• The simple interest (S.I.)

Solution:-

To Find simple interest, formula applied:-

:⟹ S.I. = (P×R×T/100)

After Substituting The Given Values:-

:⟹ S.I. = (13,000 × 11 × 3/100)

:⟹ ⠀⠀= 130 × 11 × 3

:⟹ ⠀⠀= Rs. 4,290

∴ Hence, Simple Interest = Rs. 4,290. ✔

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Thank you~