Question

Find the simple interest. Rs.1500 for 3 years at 8%p.a.​

Answer 1

Answer:

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Answer 2

Given :

• Principal = Rs.1500

• Rate = 8%

• Time = 3years

$\begin{gathered}\begin{gathered} \\ \rule{200pt}{3pt} \end{gathered}\end{gathered}$

To Find :

• Simple Interest = ?

$\begin{gathered}\begin{gathered} \\ \rule{200pt}{3pt} \end{gathered}\end{gathered}</p><p>$

Solution :

$✭ {\underline{\pmb{\frak{ Formula \; Used \; :- }}}}$

${\underline{\boxed{\purple{\sf{ S.I = \dfrac{P \times R \times T}{100} }}}}}$

Where

• ⊸ S.I = Simple Interest

• ⊸ P = Principal

• ⊸ R = Rate

• ⊸ T = Time

$\begin{gathered}\begin{gathered} \\ \qquad{\underline{\rule{150pt}{1pt}}} \end{gathered}\end{gathered}$

$✭ {\underline{\pmb{\frak{ Calculating \; the \; Interest \; :- }}}}$

$\begin{gathered}\begin{gathered} \begin{gathered} \dashrightarrow \; \; \sf { S.I = \dfrac{P \times R \times T}{100} } \\ \end{gathered} \end{gathered} \end{gathered}$

$\begin{gathered}\begin{gathered} \begin{gathered} \dashrightarrow \; \; \sf { S.I = \dfrac{1500 \times 3\times 8}{100} } \\ \end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \begin{gathered} \dashrightarrow \; \; \sf { S.I = \dfrac{ 15 \cancel{00} \times 3 \times 8}{ \cancel{100}} } \\ \end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \begin{gathered} \dashrightarrow \; \; \sf { S.I =15\times 3\times 8 } \\ \end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \begin{gathered} \dashrightarrow \; \; \sf { S.I = 360} \\ \end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \begin{gathered} {\qquad \; \; {\therefore \; {\underline{\boxed{\orange{\pmb{\frak{ Simple \; Interest = ₹ \; 360}}}}}}}} \\ \end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \\ \qquad{\underline{\rule{150pt}{1pt}}} \end{gathered}\end{gathered}$

~Therefore

$\begin{gathered}\begin{gathered} \begin{gathered} {\qquad \; \; {\therefore \;{\underline{\boxed{\green{\pmb{\frak{Simple \:Interest= ₹ \; 360}}}}}}}} \\\end{gathered} \end{gathered}\end{gathered}$

$\begin{gathered}\begin{gathered} \\{\underline{\rule{150000pt}{7pt}}} \end{gathered}\end{gathered}$