Question

Find the Simple Interest on Rs.5000 for 3 years at the rate of 3% per annum.

Answer 1

Step-by-step explanation:

450 is the answer for above question

si=9/100×5000

=450

Answer 2

☆ ANSWER ☆

$\bold \green { 450}$

☆ GIVEN ☆

$\implies$ Principal = Rs. 5000

$\implies$ Rate = 3%

$\implies$ Time = 3 years

☆ TO FIND ☆

Simple Interest on Rs.5000 for 3 years at the rate of 3% per annum.

☆ EXPLANATION ☆

$\sf \: si = \frac{ p \times r \times t}{100}$

$\sf \: si = \frac{5000 \times 3 \times 3}{100}$

$\sf si \: = 50 \times 9$

$= 450$

$\fbox \red{Hence, The Simple Interest is 450}$