Question

Y
lustration 1 :
alculate simple interest on 20,000 for 3 years at 6% rate of interest​

Answer 1

Correct Question:-

Calculate simple interest on 20,000 for 3 years at 6% rate of interest.

Solution:-

Given:

Principal = 20,000

Time = 3 years

Rate of interest = 6%

To Find:

Simple interest

Formula:

S.I. = $\dfrac{P\times R\times T}{100}$

Now:

S.I. = $\dfrac{20000\times 6\times 3}{100}$

= $200\times 6\times 3$

= $1200\times 3$

= $3600$

Required Answer:-

S.I. = 3600

★__________________________✵

Some More Formulas:-

• A = P + I

• R = $\dfrac{I\times 100}{P\times T}$

• P = $\dfrac{I\times 100}{R\times T}$

• T = $\dfrac{I\times 100}{P\times R}$

• C.I. = $P(1+\dfrac{R}{100})^{n}-P$

✵__________________________★

Answer 2

$\huge{\underline{\underline{\bf{\purple{Required\: Answer:-}}}}}$

${\underline{\underline{\rm{Given:-}}}}$

Principal = 20000

Rate % = 6%

Time = 3year

${\underline{\underline{\rm{To\:find:-}}}}$

Simple interest from the given Principal,rate and time.

${\underline{\underline{\rm{Formula\:used:-}}}}$

$★\: S.I \: = \frac{P \times R \times T}{100}$

Here ↗, P = principal, R = rate% and T = time

${\underline{\underline{\rm{Solution:-}}}}$

using formula of S.I ➝

$S.I = \frac{20000 \times 6 \times 3}{100} \\ \\ S.I = 200 \times 6 \times 3 \\ = > 1200 \times 3 \\ = > 3600rs$

Hence, Simple interest on the given Principal, rate and time is rs 3600