Question

Find the simple interest for Rs 500 in 3 years at rate of 10% per year find it with solution​

Answer 1

• Principle=P=500
• Time=T=3yrs
• Rate of interest=10%

• Interest be I

`\\ \sf\longmapsto I=(PRT)/(100)`

`\\ \sf\longmapsto I=(500(3)(10))/(100)`

`\\ \sf\longmapsto I=5(30)`

`\\ \sf\longmapsto I=Rs.150`