find the simple interest, when principal is Rs. 4500, time 7 years and rate is 5% per annum
Answers
Answered by
1
Answer:
SI = PRT/ 100
= 4500×5×7/100
= 45×5×7
SI = 1575 rupees
Explanation:
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Answered by
6
Given :
- Principal = Rs.4500
- Time = 7 years
- Rate of interest = 5% per annum
To Find :
- The Simple interest
Solution :
Simple interst is calculated by ,
We have ,
- P = Rs. 4500
- R = 5%
- T = 7 years
Substituting the values in the formulae ;
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