Question

Find the Simple interest. P = 45000, T = 6 Years, R = 3% p.a.​

Answer 1

Answer:

$\huge\mathcal \red {Solution:}$

Given:

Simple Interest (SI) = ₹45,000

Years (T) = 6 years

Rate (R) = 3%p.a.

We know,

$SI = \frac{ P \times R \times T}{100}$

$\: \: \: \: \: \: \: \: = \frac{₹45,000 \times 3 \times 6}{100}$

$\: \: \: \: \: \: \: \: \: \: \: = ₹ 8,100$

$\therefore{ SI = ₹ 8,100 }$