Question

If principal amount is 1000 invested for 10 years at 10 % rate of interest. Find the interest​

Answer 1

Answer:

$\huge {\bf {\green {\underline {\underline {given}}}}}</p><p>$

If principal amount is 1000 invested for 10 years at 10 % rate of interest. Find the interest

$\huge {\bf {\red {\underline {\underline {solution}}}}}$

Principal = 1000

Time = 10 years

Rate = 10%

As we know that simple interest

$si = \frac{p \times r \times t}{100}$

$\frac{1000 \times 10 \times 10}{100}$

$= 1000$

$\huge \fbox {intrest \: = 1000}$

Answer 2

• Interest is Rs.1000

Step-by-step explanation:

Given:-

• Principal is Rs.1000 .
• Time period is 10 years.
• Rate of interest is 10% .

To find:-

• Interest

Solution:-

We know that,

Simple interest = P×R×T/100

In which,

• P is principal
• R is Rate of interest
• t is Time period

• Time will be in years.
• Simple interested is a type of loan which is calculated by using principal, time and rate of interest by which any amount is taken.

Put P, R and t in formula

➝ 1000×10×10/100

➝ 100000/100

➝ 1000

Therefore,

Interest is Rs.1000 .