Question

Find the simple interest on a sum of ₹1400 for 3 years at the rate of 5%
per annum.​

Answer 1

Answer:

$\mathfrak{ \huge{ \pink{ question : }}}$

$Find \: the \: simple \: interest \: on \: a \: sum \: of \: ₹1400 \: for \: 3 \: years \: at \: \\ the \: rate \: of 5\% \: per \: annum$

$\mathfrak{ \huge{ \pink{ solution : }}}$

ᴘʀɪɴᴄɪᴘᴀʟ =₹1400

ʀᴀᴛᴇ = 5%

ᴛɪᴍᴇ = 3 ʏᴇᴀʀs

$\boxed{ \large{simple \: interest \: = \frac{principal \times time \times rate}{100} }}$

$si \: = \frac{1400 \times 3 \times 5}{100} \\ si \: = 14 \times 3 \times 5 \\ si \: = 210$

$\mathfrak{ \huge{ \green{ hence : }}} \\ the \: simple \: interest \: is \: Rs.210.$

$\mathfrak{ \huge{ \purple{ \underline{ \underline{⛄❤HOPE \: IT \: HELPS ❤⛄}}}}}$