Question

find the simple interest on rupees 1000 for 6 months at the rate of 5 paise per rupee per month

Answer 1

just put it on the formula =prt/100
1000*5*6/100=300

Answer 2

Hello friend

Here's your answer

Principal amount=1000

Rate of interest 5%

Time period 6months=1/2 yr

Simple interest=ptr/100

=1000*5*1/100*2

=25

Interest amount is Rs.25

Hope it helps!