How to answer interests in maths
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First write Principal, Rate and Time.
P =₹500. Rate =₹3% ,Time =5years
And then,
SI =PRT /100
=500×3×5/100
=5×3×5/100
=75/100
=0.75
SI= ₹0.75 or 75 p
P =₹500. Rate =₹3% ,Time =5years
And then,
SI =PRT /100
=500×3×5/100
=5×3×5/100
=75/100
=0.75
SI= ₹0.75 or 75 p
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