Question

Find the simple interest on rs 5000 at 6 percent p.a. for 3 years​

Answer 1

Answer:

Step-by-step explanation:

Given that,

Principle = P = Rs 5000

Time period = T = 3 years

Rate of interest = R = 6%

Therefore, simple interest = S.I. = PTR / 100

= ( 5000 × 3 × 6 ) / 100

= 50 × 3 × 6

= Rs. 900

Answer 2

As per the data given in the above question.

In the above question, it is given that,

The given data is Amount Rs.5000,

Rate:-6%

Year:-3Years

We have to find the simple interest.

Thus,

The formula of $SI=\frac{PRT}{100}$

$SI=\frac{5000\times 6\times 3}{100} \\SI=Rs.900$

Hence the simple interest is Rs.900