Question

The interest on rupees ________ at the rate of 6% for 5 years is rupees 30​

Answer 1

Answer:

SI =P×R×T/100

then we will just apply the formula of SI

which will be

6×5×30=900/100=9

Answer 2

Here, the provided question is saying that 'we will have to find here the interest on the provided informations' –

GIVEN :

• Principal = ₹30
• Rate of Interest = 6% per annum
• Time = 5years.

TO FIND :

• Simple interest = ?(₹)

STEP-BY-STEP EXPLANATION :

Now, we will calculate the simple interest applying an appropriate formula here :

Formula Used —

• Simple interest = P × R × T/100

→ [ substituting the values as per the formula ]

→ 30 × 6 × 5/100 = 9

→ Simple intrest = ₹9

The interest on rupees 9 at the rate of 6% for 5 year in rupees 30.