Find the simple interest , when Principal = Rs . 4000 , Rate of interest = 10% per annum , and Time = 10 years
Answers
Answered by
5
Answer:
Given:
- Principal amount,P=Rs.4000
- Rate of interest,R=10%
- Time,T=10years
To find:
- The simple interest=?
Solution:
Answered by
0
Answer:
The simple interest is Rs. 4000
Step-by-step explanation:
In context to the question asked,
We have to find the value of simple interest,
As per data given in the question,
We have,
Principal ( P ) = Rs.
Rate of interest ( R ) = per annum
Time ( T ) = years
The formula used for calculating simple interest,
Substitute the given values,
Hence, the required simple interest is Rs. 4000
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