Question

P=5000run, rate=10%,time=3years

Answer 1

Answer:

I=1500

Step-by-step explanation:

P=5000

R=10%=1/10

n=3 years

so,I=Prn

I=5000×1/10×3

So,I=1500

Answer 2

Answer:

$Simple\: interest (I)=Rs 1500$

$Amount (A)=Rs6500$

Step-by-step explanation:

Given P=Rs 5000,

Rate of interest (R)=10%,

Time (T)= 3 years,

$Simple\: interest (I)=\frac{PTR}{100}$

$=\frac{5000\times 3\times 10}{100}\\=50\times 3\times 10\\=Rs1500$

Therefore,

$Simple\: interest (I)=Rs 1500$

$Amount (A)=P+I\\=5000+1500\\=Rs6500$

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