Simple interest for Rs.1000 at 10%interset per annum for 6 month is------ *
(a)75
(b)50
(c)600
(d)1050
Answers
Answered by
29
Given :-
- Principal (P) = Rs,1000
- Rate (R) = 10% per annum
- Time (T) = 6 months = 0.5 years
To Find :-
- Simple Interest
Solution :-
➞ Interest = P × R × T ÷ 100
➞ Interest = 1000 × 10 × 0.5 ÷ 100
➞ Interest = 10000 × 0.5 ÷ 100
➞ Interest = 5000 ÷ 100
➞ Interest = Rs,50
________________
Therefore, Option ( B ) is the correct answer i.e Rs,50
________________
★ Additional Info :
- Principal: The money which we deposit in or the lower from the bank or the money learned called the principal.
- Rate of interest: The interest paid on Rs, 100 for one year is called the rate per cent per year or rate per cent per annum.
- Time: The period of time for which the money is lent or invested.
- Interest: Additional money paid by the borrowed to the lender for using the money is called interest.
- Simple Interest: If the interest is calculated uniformly on the original principal throughout the lone period, it is called simple interest.
- Amount: The total money paid back to the lender is called the amount.
________________
Answered by
0
Answer:
c. 600
Step-by-step explanation:
p*r*t/100
1000*10*6/100
=600
Similar questions