Question

Q2. Given i=PRT, find i, when P=3500, R=2.5, and T=4.
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100

Answer 1

Given-

$i=PRT$

P=3500

R=2.5

T=4

To find-

The value of i

Solution-

$i=PRT$

Is a formula of simple interest.

Where,

I is the amount of interest

P is the principal (amount of money borrowed)

r is the interest rate (per year)

t is the time (expressed in years).

Put the given value in these equation,

$i= 3500\times2.5\times4\\i= 3500\times10.0\\i=35,000$

The value of i is 35,000.