Question

Rs.150 for 4 years at 5% per year ​

Answer 1

Answer: Rs 30 interest

Step-by-step explanation:

Here,

Principle = Rs. 150

Rate of interest = 5%

Time = 4 years

We know that,

S.I = P*R*T/100

Therefore, S.I = 150*4*5/100

Ans:- Rs. 30, which is the simple interest.

Answer 2

$\large{\green{\underline{\underline{\bf{\orange{GIVEN:-}}}}}}$

• Principal amount (P) = 150 Rs.

• Rate of Interest (I) = 5% per year.

• Time period (T) = 4 years.

$\implies\tt{ \frac{p \times r \times t}{100} } \\ \\ \implies\tt{ \frac{150 \times 5 \times 4}{100} } \\ \\ \implies\tt{30}$