Question

What is the simple interest on 500 for 5 years at the rate of 5% per annum

Answer 1

Answer:

125

Step-by-step explanation:

SI=PRT/100

  =500x5x5/100

  =125

Answer 2

We have,

Principal(P) = Rs500

Time(T) = 5years

Rate(R) = 5%p.a

Simple Interest(S.I) = ?

We know that,

${\sf{\large{\bf\orange{\underbrace{\underline{S.I = \frac{P \times R\times T}{100} }}}}}}$

On putting values in the formula, we get,

$\sf{\rightarrowtail \: \: {S.I = \frac{5 \cancel{00}\times 5 \times 5}{1 \cancel{00}}}}$

$\sf\rightarrowtail \: \: {S.I = 5 \times 5 \times 5}$

$\sf{\rightarrowtail} \: \:{S.I = 125}$

${\sf{\large{\bf {\pink{\underbrace{\overbrace{\underline{\overline{ \therefore\:Simple \: Interest \: is \:Rs125}}}}}}}}}$

Additional Information

A = P+S.I

P = A-S.I

S.I = A-P

A = P(1+ R×T/100)