Question

Find the simple interest when Principal= Rs 6000, rate=6% p.a and time=2 years​

Answer 1

Step-by-step explanation:

720 rupees is your answer

The formula for finding simple intrest is

$\frac{principle \times rate\% \times time }{100}$

According to Question

Rate of interest (R) = 6%

Time (T) is always taken in years= ${2}$

Principal (P) = 6,000

According to the formulae

$\frac{6000 \times 6 \times 2}{100 } = 720 \: rupees$

So simple intrest = 720 rupees

Related formulas

Related formulasPrincipal =

$\frac{intrest \times 100}{rate\% \times time \: period}$

Rate =

$\frac{intrest \times 100}{principal \times time}$

Time =

$\frac{intrest \times 100}{principal \times rate}$

Amount= Principal + Simple intrest

Answer 2

${\huge{\star{\underbrace{\tt{\red{Answer}}}}}}{\star}$

$\Large{\blue{\tt{\underline{\underline{Given \ :-}}}}}$

${\sf{☞ \ Principal \ = \ ₹6000}}$

${\sf{☞ \ Rate \ = \ 6}}$

${\sf{☞ \ Time \ = \ 2years}}$

$\Large{\green{\tt{\underline{\underline{To \ find \ :-}}}}}$

${\sf{\bold{• \ Simple \ interest \ on \ the \ amount.}}}$

$\Large{\purple{\tt{\underline{\underline{Formula \ used \ :-}}}}}$

${\sf{\large{Simple \: interest \: = \: \frac{principle \times rate \times time}{100}}}}$

$\Large{\orange{\tt{\underline{\underline{Solution \ :-}}}}}$

${\sf{⟹ \ Si \: = \frac{p \times r \times t}{100} }}$

${\sf{ \ Substituting \ the \ values}}$

${\sf{⟹ \ Si \: = \: \frac{6000 \times 6 \times 2}{100} }}$

${\sf{⟹ \ Si \: = \: ₹720}}$

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