The simple interest for Rs.5000 for 3years at the rate of 15 p.c.p.a is
Answers
Answered by
0
Answer:
rs 2250
Step-by-step explanation:
Simple Interest = P × R × T / 100
= 5000 × 15 × 3 / 100
= 2250
Answered by
69
★GIVEN:-
- Principal = Rs. 5000
- Time = 3 Years
- Rate = 15%
★TO FIND:-
- Sinple Interest
★FORMULA USED:-
★SOLUTION:-
Put the values in the formula:-
So, The simple interest is Rs. 2,250
★MORE TO KNOW:-
- Simple Interest = P × R × T /100
- Amount = P(1+R/100)^T
- Compound Interest = P(1+R/100)^T - P
- Amount = Principal + Compound Interest
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