Question

Rs 10,000 is invested at 5% p. a. Find the interest at the end of one year

Answer 1

Solution :

Principal ( P ) = Rs 10000

Rate of interest ( R ) = 5% p.a

Time ( T ) = 1 year

We know t,

Simple interest ( s.i ) = ( PTR )/100

= ( 10000 × 1 × 5 )/100

= 100 × 5

= Rs 500

Therefore ,

Simple interest = Rs 500

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Answer 2

$\huge{\mathcal{Hi\:there!}}$

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Given :

Principle ( p ) = Rs 10, 000.

Rate ( r ) = 5 % per annum

Time ( t ) = 1 year

To find :

Simple interest

Solution :

We know that ;

Simple interest = $\bold{ \frac{p \times r \times t}{100} }$

$⇒ \frac{10000 \times 5 \times 1}{100} \\ \\ ⇒ \frac{500 \cancel{00}}{1 \cancel{00}} \\ \\ ⇒500$

Hence,

the simple interest is Rs 500.

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Thanks for the question !

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