Question

please solve with explainaton answer is 6% per annum​

Answer 1

Step-by-step explanation:

5 years =1000×5×5=25000

Answer 2

Answer:

6 %

Step-by-step explanation:

Given the principal as 1000 Rs

The time is 5years

Simple interest for 5 years is 300 rs

SI = P*T*R/100 (here R should be in percentage form)

300 = 1000 *5*R /100

Solving u get R = 6%

Alternative method:

Simple interest same for all years.

Given 300 is SI for 5 years

For one year simple interest will be = 300/5 =60

Simple interested is calculated on the sum right.

Now we need to know what percent of sum (or principal) is equal to the interest

60 = 1000 * x/ 100

X = 6

Hence the simple interest is 6 percent on the sum