Question

principle = 1000 , Time = 4years , Rate = 5% , Simple Interest = ? , Amount = ?
Please Explain Me ​

Answer 1

Answer:

your answer

Step-by-step explanation:

We know,

S.I.=\dfrac{P \times R \times T}{100}  

Here P= Rs. 5000, R= 5%, T= 4 years

So, I=\dfrac{5000 \times 5 \times 4}{100}=Rs. 1000  

Ans: Henry has to pay Rs. 1000 as interest.