Question

The interest on Rs.6000 at 5% p.a. for 4 years is



please send me the full equation.

Unnecessary message is reported​

Answer 1

$\sf{ \purple{\Large{Given:}}}$

◔ Principal = Rs. 6000

◔ Rate = 5%

◔ Time = 4 years

$\sf{ \purple{\Large{To \: Find:}}}$

Interest i.e., we have to find simple interest.

$\sf{ \purple{\Large{Solution:}}}$

Interest is said to be simple if it is calculated on the original principal throughout the loan period irrespective of the length of the period for which it is borrowed.

Formula for calculating interest

$\underline{ \boxed{ \sf{I = \frac{P \times R \times T}{100} }}}$

Here,

◉ I = Interest

◉ P = Principal

◉ R = Rate

◉ T = Time

On Substituting the values, we have:

$\sf{I = \dfrac{6000 \times 5 \times 4}{100}}$

$\sf{I = 60 \times 5 \times 4}$

$\sf{I = Rs. \: 1200}$

Therefore, Simple interest for 4 years on Rs. 6000 = $\green{ \underline{ \boxed{ \sf{Rs. \: 1,200}}}}$

If we need to find amount, then?

Understand:

☞ The money borrowed is called principal.

☞ The extra money paid for using lenders money is called interest.

☞ The total money paid to the lender at the end of a specified period is called amount.

To find amount,

$\underline {\boxed{ \sf{A = P + I}}}$

Here,

◎ A = Amount

◎ P = Principal

◎ I = Interest

On Substituting the values, we have:

$\sf{A = Rs. (1200 + 6000)}$

$\sf{A = rs. \: 7,200}$

∴ Amount paid at the end of the 4 years = $\green{ \underline{ \boxed{ \sf{ Rs. \: 7200}}}}$

━━━━━━━━━━━━━━━━━━━━━━━━━━

Answer 2

${\huge{\huge{\underline{\underline{\mathrm{\red{QuesTion:-}}}}}}}$

The interest on Rs.6000 at 5% p.a. for 4 years is

interest-6000

p.a.-5%

time - 4years

${\huge{\huge{\underline{\underline{\mathrm{\green{SoluTion:-}}}}}}}$

first of all lets understand

• money borrowed is called principal
• money lender will be having extra rupees is called Interest
• the total money returned to lender is called amount.

let's find S.I.(simple interest)

Formula for simple interest

$\boxed{ \frac{p \times r \times t}{100} }$

• Here P - Principal
• Here R-Rate
• Here T-time

let's find out

$\boxed{ \frac{6000 \times 5 \times 4}{100} }$

6000 will be divided by denominator(100)to simplify.

$\boxed{ \frac{60 \times 5 \times 4}{1} }$

Now 100 is 1 and 6000 is 60 by simplifying

there is no value of 1 so we can write formula as

$\boxed{ \frac{60 \times 5 \times 4}{} }$

so now let's evaluate the equation

60×5×4=1200

therefore Simple Interest on the question is

${\boxed{1200}}$

amount,

let's find amount

formula for amount is

$\underline {\boxed{ \sf{A = P + I}}}$

• Here A=Amount
• P=Principal
• I = Interest

so according to formula

amount,

$\underline {\boxed{\purple{ \sf{A = 6000 +1200}}}}$

so the last amount is

7200

$\underline {\boxed{\green{ \sf{Amount=7200}}}}$

________________________