Question

find the simple interest on
(1
) 52750 for 6 years at the rate of 5% per annum.​

Answer 1

Answer:

• Simple interest on given Sum = 15825

Explanation:

Given

• Principal sum, P = 52750
• Time for interest, t = 6 yrs
• Rate of interest, R = 5 % per annum

We need to find

• Simple interest, SI =?

Using the formula for Simple interest

• SI = P R t / 100

[ where SI is simple interest, P is principal sum, R is interest rate per annum and t is time for interest ]

→ SI = P R t / 100

→ SI = 52750 × 5 × 6 / 100

→ SI = 15825

Therefore,

• Simple interest on given principal sum will be 15825

Answer 2

Answer:

Correct Question :-

• Find the simple interest on Rs 52750 for 6 years at the rate of 5% per annum.

Given :-

• A sum of Rs 52750 for 6 years at the rate of 5% per annum.

To Find :-

• What is the simple interest.

Formula Used :-

To find simple interest we know that,

$\boxed{\bold{\large{S.I\: =\: \dfrac{P \times R \times T}{100}}}}$

where,

• S.I = Simple Interest
• P = Principal
• R = Rate of Interest
• T = Time

Solution :-

Given :

• Principal = Rs 52750
• Rate of Interest = 5%
• Time = 6 years

According to the question by using the formula we get,

⇒ $\sf S.I =\: \dfrac{52750 \times 5 \times 6}{100}$

⇒ $\sf S.I =\: \dfrac{52750 \times 30}{100}$

⇒ $\sf S.I =\: \dfrac{1582500}{100}$

⇒ $\sf S.I =\: \dfrac{\cancel{1582500}}{\cancel{100}}$

➠ $\sf\red{S.I =\: Rs\: 15825}$

$\therefore$ The simple interest on the sum is Rs 15825 .