Question

What is the interest earned on $3,000 at a rate of 0.04 for 3 years? (Hint: Use the formula i = prt , where i represents the interest earned, p represents the principal, r represents the rate, and t represents the time.)

Answer 1

Answer:

this ur ans 18/5 .......

Answer 2

$\Huge{\underline{\underline{\blue{\mathfrak{Question :}}}}}$

What is the interest earned on 3,000 Rs. at a rate of 0.04 for 3 years? (Hint: Use the formula I = PRT , where I represents the interest earned, P represents the principal, R represents the rate, and T represents the time.)

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$\Huge{\underline{\underline{\blue{\mathfrak{Answer :}}}}}$

$\Large{\sf{Given :}}$

Principal (P) = 3000 Rs.

Rate (R) = 0.04

Time (T) = 3 years

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$\LARGE{\sf{To \: Find :}}$

Simple interest (S. I)

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$\LARGE{\sf{Solution :}}$

We know that,

$\LARGE{\boxed{\boxed{\green{\tt{S.I = \frac{P \times R \times T}{100}}}}}}$

$\sf{↪S. I= \frac{30 \cancel{00} \times 0.04 \times 3}{ \cancel{100}} } \\ \\ \sf{↪S. I= \frac{90 \times 4}{100} } \\ \\ \sf{↪S. I= \frac{36 \cancel0}{10 \cancel0} } \\ \\ \sf{↪S. I= 3.6}$

$\Large{\boxed{\red{\sf{S.I = 3.6}}}}$