Question

Find the simple interst and amount when the principal = 5500 , Rate = 14percent and time = 3 years​

Answer 1

Step-by-step explanation:

simple interst = p×r×t/100

simple interst = p×r×t/100=5500×14×3/100

simple interst = p×r×t/100=5500×14×3/100=55×14×3

simple interst = p×r×t/100=5500×14×3/100=55×14×3=2310

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Answer 2

Given,

• Principle = ₹5500
• Rate of Interest = 14%
• Time = 3 years

To find ;

✿ Amount and Simple Interest ✿

Formulae to be used -

• $\red{SI = \frac{P \times R \times T}{100}}$

• $\red{Amount = P + SI}$

Solution !!

P = ₹5500

R = 14%

T = 3 years

$\red{SI = \frac{P \times R \times T}{100}}$

$SI = \frac{55\cancel{00} \times 14 \times 3}{1\cancel{00}}$

$\red{SI = ₹2310}$

Amount = P + SI

= ₹5500 + ₹2310

= ₹7810

So, Simple Interest = ₹2310 and Amount = ₹7810

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$\huge\colorbox{pink}{Hope \: this \: helps}$