find the simple internest on $1250 6 year at 3%p.m
Answers
Answer:
\mathfrak{\large{\underline{\underline{Answer :-}}}}Answer:−
The Simple Interest is Rs. 225
\mathfrak{\large{\underline{\underline{Explanation :-}}}}Explanation:−
Given :
The Given Money = Rs. 1250
For = 6 years
At the rate = 3% p.a
To find :
The Simple Interest
Solution :
Here,
Principal (P) = Rs. 1250
Time (T) = 6 years
Rate of Interest (R) = 3%
★ \boxed{\sf{SI = \frac{Principal \times Rate \times Time}{100}}}SI=100Principal×Rate×Time
\sf{\implies} \:SI = \dfrac{1250 \times 6 \times 3}{100}⟹SI=1001250×6×3
\sf{\implies} \:SI = \dfrac{1250 \times 18}{100}⟹SI=1001250×18
\sf{\implies} \:SI = \dfrac{225{\cancel{00}}}{1{\cancel{00}}}⟹SI=10022500
\sf{\implies} \:SI = 225⟹SI=225
\therefore∴ The Simple Interest is Rs. 225
\rule{300}{1.5}
\mathfrak{\large{\underline{\underline{Verification :-}}}}Verification:−
\sf{\implies} \:225 = \dfrac{1250 \times 6 \times 3}{100}⟹225=1001250×6×3
\sf{\implies} \:225 = \dfrac{22500}{100}⟹225=10022500
\sf{\implies} \:225 = 225⟹225=225
\therefore∴ The Simple Interest is Rs. 225
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