find the simple interest on 5000 naira for 5 years at 10% per annum
Answers
Answered by
1
Answer:
Simple interest = P × R × T/100
= 5000 × 10 × 5/100 = 250000/100
= ₹2500
₹2500 is the simple interest.
Answered by
1
Answer:
2500 naira
Step-by-step explanation:
Simple interest= PxRxT/100
=5000x10x5/100
=50x10x5
=2500 naira
Similar questions
Chemistry,
1 month ago
Social Sciences,
1 month ago
Math,
3 months ago
English,
10 months ago
English,
10 months ago