Question

What will be the simple interest on rs 8000 at the rate of 10% per year for 5 years?

Answer 1

Answer:

principle = rs 8000

rate = 10%

time = 5

Step-by-step explanation:

so simple interest will be = principle * rate * time / 100

= 8000*10*5/100 = 4000 rs

Answer 2

Answer:

Rs.4000

Given:

Principal=Rs.8000

Rate=10℅

Time=5 year

To find:Simple Interest

Solution:-

We know that Simple Interset

$= \frac{p\times \: r\times t}{100}$

As p=8000,t=5 and r=10℅

$= \frac{8000\times10 \times5 }{100}$

$80 \times 10 \times 5$

$4000$

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Therefore;Simple Interest on Rs 8000 st the rate of 10℅ per year for 5 years=Rs 4000