Question

Principle = 30,000
Time = 4 years
Rate = 30
Then find the simple interest ?

Answer 1

Answer:

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline\color{brown}{Given:}}}}}}\end{gathered}$

• ${\dashrightarrow \sf{Principle = Rs.30000}}$
• ${\dashrightarrow \sf {Time = 4 \: years}}$
• $\dashrightarrow \sf{Rate = 30\%}$

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline\color{brown}{To Find:}}}}}}\end{gathered}$

• $\dashrightarrow{\sf{Simple \: Interest }}$

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline\color{brown}{Using Formula:}}}}}}\end{gathered}$

$\dag{\underline{\boxed{\sf{ S.I = \dfrac{P \times R \times T}{100}}}}}$

Where

• $\dashrightarrow{\sf{S.I = Simple \: Interest }}$
• ${\dashrightarrow{\sf{P = Principle }}}$
• ${\dashrightarrow{\sf{ R = Rate }}}$
• ${\dashrightarrow{\sf{T = Time}}}$

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline\color{brown}{Solution:}}}}}}\end{gathered}$

${\quad {: \implies{\sf{ S.I = \bf{\dfrac{P \times R \times T}{100}}}}}}$

• Substituting the values

${\quad {: \implies{\sf{ S.I = \bf{\dfrac{30000 \times 30\times 4}{100}}}}}}$

${\quad {: \implies{\sf{ S.I = \bf{\dfrac{30000 \times 120}{100}}}}}}$

${\quad {: \implies{\sf{ S.I = \bf{\dfrac{3600000}{100}}}}}}$

${\quad {: \implies{\sf{ S.I = \bf{\cancel{\dfrac{3600000}{100}}}}}}}$

${\quad {: \implies{\sf{ S.I = \bf{Rs.36000}}}}}$

${\dag{\underline{\boxed{\sf{ S.I ={Rs.36000}}}}}}$

• Henceforth,The Simple Interest is Rs.36000..

$\begin{gathered}\end{gathered}$

$\begin{gathered}{\Large{\textsf{\textbf{\underline{\underline\color{brown}{Learn More:}}}}}}\end{gathered}$

$\begin{gathered}\begin{gathered}\begin{gathered}\begin{gathered}\begin{gathered} \dag \: \underline{\bf{More \: Useful \: Formula}}\\ {\boxed{\begin{array}{cc}\dashrightarrow {\sf{Amount = Principle + Interest}} \\ \\ \dashrightarrow \sf{ P=Amount - Interest }\\ \\ \dashrightarrow \sf{ S.I = \dfrac{P \times R \times T}{100}} \\ \\ \dashrightarrow \sf{P = \dfrac{Interest \times 100 }{Time \times Rate}} \\ \\ \dashrightarrow \sf{P = \dfrac{Amount\times 100 }{100 + (Time \times Rate)}} \\ \end{array}}}\end{gathered}\end{gathered}\end{gathered}\end{gathered}\end{gathered}$

Answer 2

GIVEN:

Principle = ₹ 30,000

Time = 4 years

Rate = 30%

TO FIND :

Simple interest = ?

Using formula :

S.I = P×R×T/100

SOLUTION :

==> S.I = P×R×T/100

= 30,000× 30× 4/100

= 30,000×120/100

= 3600000/100

= 36000

S.I = ₹ 36000

HOPE ITS HELPFUL