Find the Simple Interest on Rs.5000 for 3 years at the rate of 10% per annum.
Answers
Answered by
27
it is ptr/100
5000*3*10/100=1500
5000*3*10/100=1500
Answered by
56
Hey !!!!!
Given,
P = Rs. 5000
r = 10%
t = 3 years
We know interest = (P * r * t)/100
= (5000 * 10 * 3)/100
= 500 * 3
= 1500
Hope this helps
Given,
P = Rs. 5000
r = 10%
t = 3 years
We know interest = (P * r * t)/100
= (5000 * 10 * 3)/100
= 500 * 3
= 1500
Hope this helps
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