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34 votes
34 votes
P=9500 T=3years R=1.5% find the Simple interest​

User Sarel Esterhuizen
by
3.0k points

2 Answers

26 votes
26 votes

Answer:

427.5

Explanation:

To find the Simple Intrest you must multiply the Rate times the Time times the Amount. So you can see these three are given:


9500*3*0.015=427.5

Simple Intrest Formula:


I = PRT

User Coree
by
2.8k points
13 votes
13 votes

Answer:

The simple interest is Rs.427.5.

Explanation:

Given :

  • Principle (P) = Rs.9500
  • Rate (R) = 1.5%
  • Time (T) = 3 years

To Find :

  • Simple interest (S.I)

Using Formula :


{\star{\small{\underline{\boxed{\sf{\red{S.I = (PRT)/(100)}}}}}}}

  • S.I = Simple Interest
  • P = Principle
  • R = Rate
  • T = Time

Solution :

Substituting the values in the formula to find Simple Interest :


{\dashrightarrow{\small{\sf{S.I = (PRT)/(100)}}}}


{\dashrightarrow{\small{\sf{S.I = (P * R * T)/(100)}}}}


{\dashrightarrow{\small{\sf{S.I = (9500 * 1.5 * 3)/(100)}}}}


{\dashrightarrow{\small{\sf{S.I = (9500 * 15 * 3)/(100 * 10)}}}}


{\dashrightarrow{\small{\sf{S.I = \frac{95\cancel{00}* 15 * 3}{1\cancel{00} * 10}}}}}


{\dashrightarrow{\small{\sf{S.I = (95* 15 * 3)/(1* 10)}}}}


{\dashrightarrow{\small{\sf{S.I = (95* 45)/( 10)}}}}


{\dashrightarrow{\small{\sf{S.I = (4275)/( 10)}}}}


{\dashrightarrow{\small{\sf{S.I = 427.5}}}}


{\star{\small{\underline{\boxed{\sf{\pink{S.I = Rs.427.5}}}}}}}

Hence, the simple interest is Rs.427.5.


\rule{300}{1.5}

User Screamer
by
2.7k points