Find the simple interest on Rs. 5000 for 6 months at the rate of 5% per annum
Answers
Answered by
18
Step-by-step explanation:
Given,
P = ₹5,000
R = 5%
T = 6 months
= 1/2 years
S.I = P×R×T/100
= 5,000 × 5 / 2×100
= 250 / 2
= ₹125
Answered by
6
The simple interest is Rs. 125.
Step-by-step explanation:
Since we have given that
Sum = Rs. 5000
Rate of interest = 5% p.a.
Number of months = 6
So, it becomes,
Hence, the simple interest is Rs. 125.
# learn more:
Find the time in which the principal of rs 5000 will earn simple interest of rs 1800 at the rate of 6% per annum
https://brainly.in/question/9196000
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