Question

find the simple interest when principal is 3,000 with a rate of 10% in 2 year​

Answer 1

Answer:

p=3000

r=10%

t=2 year

SI=PRT/100

SI=3000*10*2/100

SI= 30*10*2

SI=600

Answer 2

Answer :-

Simple Interest = ₹600.

Explanation :-

Given :

• Principal = ₹3000.
• Rate per annum = 10%.
• Time = 2 years.

To Find :

• Simple Interest.

Solution :

Apply the formula for S.I.

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

Substitute the Values.

$\implies{\sf{S.I. = \dfrac{3000 \times 10 \times 2}{100}}}$

$\implies{\sf{S.I. = \dfrac{3000 \times 20}{100}}}$

$\implies{\sf{S.I. = \dfrac{60000}{100}}}$

$\implies\textsf{\textbf\blue{S.I.= Rs. 600}}$

Therefore,

Simple Interest = ₹600.

Extra Information :-

• Simple Interest is a easy method for calculating interest charged on a loan.

• It is given by the multiplication of Principal, rate charged and the time taken which is divided by 100.