Question

The simple interest at 6% p.a on Rs. 5,000 for
7 years is Rs​

Answer 1

Answer :-

• The simple interest is Rs 2100.

To find :-

• The simple interest.

Step-by-step explanation :-

• Here, the principal, rate and time have been given to us. We have to find the simple interest.

We know that :-

$\underline{ \boxed{ \sf SI = \dfrac{Principal \times Rate \times Time}{100}}}$

Here,

• Principal = Rs 5000.
• Rate = 6% p.a.
• Time = 7 years.

Substituting the given values in this formula,

$\rm SI = \dfrac{5000 \times 6 \times 7}{100}$

Cutting off the zeroes,

$\rm SI = \dfrac{50 \times 6 \times 7}{1}$

Now let's multiply the remaining numbers since we can't reduce them anymore.

$\rm SI = 50 \times 6 \times 7$

Multiplying the numbers,

$\overline{ \boxed{\rm SI = Rs \: 2100}}$

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Abbreviations used :-

SI = Simple Interest.

Answer 2

$si = \frac{p \times r \times t}{100} = \frac{5000 \times 5 \times 6 }{100 \times 12 } \\ \\ = 125rs$