Question

Find the simple interest on 5,000 for 5years at 10% per annum

Answer 1

Answer:

2,50,000 Rs.

Step-by-step explanation:

PRINCIPAL = 5,000 Rs.

RATE          = 10%

TIME           = 5 YEARS

Simple Interest (S . I) = Principal × Rate × Time/100

                                  = 5,000 × 10 × 5

                                  = 5,000 × 50

                                  = 2,50,000 Rs.

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