Question

find the simple interest on rs 5000 for 3 years at the rate of 10% per annum​

Answer 1

SI --. p×r×t/100

-- 5000×10×3/100

-- ₹1500

A -- SI+P

-- 1500+5000

-- ₹6500

HOPE you like the answer

follow me plz

also mark as brainlist plzzzz

Answer 2

Given :-

• Principal (P) = Rs 5000
• Rate (R) = 10%
• Time (T) = 3 years

To Find :-

• Simple Interest

Solution :-

➞ Simple Interest = P × R × T / 100

➞ Simple Interest = 5000 × 10 × 3 / 100

➞ Simple Interest = 50 × 10 × 3

➞ Simple Interest = 50 × 30

➞ Simple Interest = Rs 1500

Thus Simple Interest = Rs 1500

_______________

★ Additional Info :

• Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.
• Rate of interest: The interest paid on Rs, 100 for one year is called the rate per cent per year or rate per cent per annum.
• Time: The period of time for which the money is lent or invested.
• Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
• Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
• Amount: The total money paid back to the lender is called the amount.

________________