Question

Find the simple interest if,
• Principle - 12000
• Time - 5 years
• Rate - 6%​

Answer 1

Step-by-step explanation:

SI = 12000×6×5/100

= 120×30

= 3600

Answer 2

Answer :-

Simple Interest = ₹ 3600.

Explanation :-

Given :

• Principal = ₹12000.
• Time taken = 5 years.
• Rate per annum = 6%

To Find :

• Simple Interest.

Solution :

Formula Used :-

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

$\implies\sf{S.I. = \dfrac{12000 \times 6\times 5}{100} }$

$\implies\sf{S.I. = 120 \times 30}$

$\implies\underline{\boxed{\tt\green{S.I. = Rs. \: 3600}}}$

Therefore, Simple Interest = ₹3600.

Now, Let's Calculate Amount.

Amount = Principal + Interest.

➞ Amount = 12000 + 3600.

➞ Amount = 15600.

Therefore, Amount = ₹ 15600.