Question

find the simple interest on $500 for 3 year at 5%
p.a.​

Answer 1

Answer:

according to question :-

SI (Simple interest) = Principal * Rate * Time / 100

SI = 500 * 5 * 3 / 100 = $75

so The simple interest = $75

hope you understand plz thank my answer

Answer 2

Answer:

SI = PRT/100

SI =

$\frac{500 \times 3 \times 5}{100} = 5 \times 3 \times 5 \\ = 75$

hope it helps...