Question

find the simple interest on 5ooo for
4 years
at 7% p.a​

Answer 1

Answer:

S. I=P×R×T/100

5000×7×4/100=1400

so simple interest =1400

Answer 2

Answer:

₹1400

Step-by-step explanation:

SI = $\frac{PTR}{100}$

here P = 5000

        T = 4 years  

        R = 7%

therefore SI = $\frac{5000.4.7}{100}$ = ₹1400

(here . denotes multiplication)

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