The simple interest on 81000 at 8% for 7 years
please answer correctly
Answers
Step-by-step explanation:
simple interst =P×R×T/100
81000×8×7/100
810×8×7
45360
Solution:-
━━━━━━━━━━━━━━━━━━━━━━━━━━
◍ Here, the question has given us the principal, rate of interest and time that is Rs. 81,000, 8% per annum and for 7 years respectively. Now, the question has asked us to find the simple interest of it. So to get the answer we simply have to apply the formula of SI and we will easily get our answer.
ANSWER:-
◈ The simple interest is of Rs. 45,360.
GIVEN:-
☆ Principal = Rs. 81,000
☆ Rate of Interest = 8% per annum
☆ Time = 7 years
TO FIND:-
↠Simple Interest= ?
FORMULA:-
➾ Simple Interest = P × R × T / 100
SOLVING BY APPLYING THE FORMULA:-
☆ Principal = Rs. 81,000
☆ Rate of Interest = 8% per annum
☆ Time = 7 years
➾ Simple Interest = P × R × T / 100
- Finding the SI:-
➢ SI = 81,000 × 8 × 7 / 100
➢ SI = 81,000 × 56 / 100
➢ Cancelling the zeros.
➢ SI = 810 × 56 / 1
➢ SI = 810 × 56
➢ SI = 810 × 56 = 45,360
➢ SI = Rs. 45,360
Hence, we got the answer. The simple interest is of Rs. 45,360.
━━━━━━━━━━━━━━━━━━━━━━━━━━