Question

the interest on Rs.______at the rate of 6% for 5 years is Rs.30​

Answer 1

Solution:

Given,

→ Principal = P (Let)

→ Rate = 6% p.a.

→ Time = 5 years.

→ Simple Interest = ₹30

We have to find out the Principal.

We know that,

→ Simple Interest = (Principal × Rate × Time)/100

Putting the values in the formula, we get,

→ 30 = (P × 6 × 5)/100

→ P = 30 × 100/(6 × 5)

→ P = 30 × 100/30

→ P = ₹100

★ So, the Principal amount is - ₹100

Answer:

• P = ₹100.00/-

•••♪

Answer 2

Step-by-step explanation:

Principal=Rs 30

Rate of interest = 6%per annum

Time= 5 years

To find ,

Simple interest

Formula used

SI= P×R×T/100

substituting the value as per the formula

30×6×5/100=9

simple interest=Rs 9

THE INTEREST ON Rs 9 AT THE RATE OF 6% FIR 5 YEARS IS RS 30

I HOPE IT WILL HELP YOU