Question

If P = 1000 and R = 5%, T =1 year then the simple interest =
3​

Answer 1

Answer:

$\sf \: simple \: interest: \\ \frac{1000 \times 5 \times 1}{100} \\ : \implies \underline{\boxed{50}}$

Answer 2

Answer:

SI= rs.50

Step-by-step explanation:

Principal amount= 1000

Rate of interest= 5%

Time= 1 year

SI = p*r*t / 100

= 1000*5*1 / 100

= 50