find the simple intrest on 9000 rupees at rate of 8 percent p.a for 3 years
Answers
Step-by-step explanation:
simple interest (SI) = PRT/ 100
∴ SI = 9000 × 8 × 3/ 100
= 2,16,000/ 100
= 2160
Ans: The simple interest is rupees 2160.
Solution:-
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◍ Here, the question has given us the principal, rate of interest and time that is Rs. 9,000, 8% per annum and 3 years respectively. Now, the question has asked us to find the simple interest of it. So to get the answer we simply have to apply the formula of SI and we will easily get our answer.
ANSWER:-
◈ The simple interest is Rs. 2,160.
GIVEN:-
☆ Principal = Rs. 9,000
☆ Rate of Interest = 8% per annum
☆ Time = 3 years
TO FIND:-
↠Simple Interest= ?
FORMULA:-
➾ Simple Interest = P × R × T / 100
SOLVING BY APPLYING THE FORMULA:-
☆ Principal = Rs. 9,000
☆ Rate of Interest = 8% per annum
☆ Time = 3 years
➾ Simple Interest = P × R × T / 100
- Finding the SI:-
➢ SI = 9,000 × 8 × 3 / 100
➢ SI = 9,000 × 24 / 100
➢ Cancelling the zeros.
➢ SI = 90 × 24 / 1
➢ SI = 90 × 24
➢ SI = 90 × 24 = 2,160
➢ SI = Rs. 2,160
Hence, we got the answer. The simple interest is Rs. 2,160.
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