if the principal is rs. 10000and the rate of interest is 10 pcpa and the number of years is 6 years. what would be the amount of simple interest?
Answers
Answered by
2
Answer:
₹6000.
Step-by-step explanation:
Because P x R x T/100
i.e. 10,000 x 10 x 6/100 = 100 x 10 x 6 = 6,000
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Answered by
1
Answer:
₹ 6,00,000
Step-by-step explanation:
Given:
☯ Principal = ₹ 10,000
☯ Rate = 10%
☯ Time = 6 years
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
To find:
☯ Simple Interest
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
Solution:
☯ Simple Interest = Principal × Rate × Time
☯ Simple Interest = 10,000 × 10 × 6
☯ Simple Interest = ₹ 6,00,000
ΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞΞ
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