Question

If, Principal = Rs 500, rate =5%, Time = 5 years. What is the interest earned
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Answer 1

P = Rs 500

R = 5%

T = 5 years

S.I =

$p \times t \times r \div 100$

S.I = 500 × 5 × 5/100

S.I = Rs 125

Answer 2

ᴩ = 500

ʀ = 5%

ᴛ = 5 yᴇᴀʀꜱ

ꜱɪ =

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

ꜱɪ =

$\frac{500 \times 5 \times 5}{100}$

ꜱɪ = 125

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