Question

find the simple interest on ₹1000 at 5% per anum for 3 years​

Answer 1

Answer:

answer is

Step-by-step explanation:

Simple interest,I,is given by the formula,

I=PNR

Where P is the principal, N , the number of years and R , the rate of interest.

Here,I=1200÷3 =Rs. 400

N =3; and R =5%;

P = I÷NR = 400÷5/100 =400× 100/5 =Rs.8000

Answer 2

$\frac{p \times r \times t}{100}$

$\frac{1000 \times 5 \times 3}{100}$

$\frac{10 \times 5 \times 3}{}$

$50 \times 3$

$answer \: \: 150$

Thanks