Question

If Principal is `400, rate of interest is 5%, time period is 3 years, then

find the simple interest.If Principal is `400, rate of interest is 5%, time period is 3 years, then

find the simple interest.​

Answer 1

Answer:

simple interest = principal × R × N / 100

principal = 400

rate = 5%

time = 3 years

= 400×5×3/100

= 4×5×3

= 20×3

= 60 is the simple interest

Answer 2

GiveN :-

• Principal = Rs 400

• Rate = 5 %

• Time = 3 years

To FinD :-

• Simple interest

SolutioN :-

$\large : \implies \underline{ \boxed{ \bf \blue{S.I =\frac{P \times R \times T}{100}}}} \\ \\: \implies \sf S.I = \frac{400 \times 5 \times 3}{100} \\ \\ : \implies \sf S.I = \frac{6000}{100} \\ \\ : \implies \boxed{\sf S.I = Rs \: 60}$

$\large \therefore \underline { \green{ \bf Rs \: 60 \: is \: the \: Simplest \: interest}}$