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The interest on rs.3000,deposited in a bank at 9percent p. a for 2years is |
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Answer» Solution:- ━━━━━━━━━━━━━━━━━━━━━━━━━━ ◍ Here, the question has GIVEN us the principal, rate of INTEREST and time that is Rs. 3,000, 9% per annum and for 2 years respectively. Now, the question has asked us to find the simple interest of it. So to get the SI we need to find out the simple interest for that we simply have to apply the formula of SI. ANSWER:-◈ Simple Interest = Rs. 540 GIVEN:-☆ Principal = Rs. 3,000 ☆ Rate of Interest = 9% per annum ☆ Time = 2 years TO FIND:-↠Simple Interest= ? FORMULA:-➾ Simple Interest = P × R × T / 100 SOLVING BY APPLYING THE FORMULA:-☆ Principal = Rs. 3,000 ☆ Rate of Interest = 9% per annum ☆ Time = 2 years ➾ Simple Interest = P × R × T / 100
➢ SI = 3,000 × 9 × 2 / 100 ➢ SI = 3,000 × 18 / 100 ➢ Cancelling the zeros. ➢ SI = 30 × 18 / 1 ➢ SI = 30 × 18 ➢ SI = 30 × 18 = 540 ➢ SI = Rs. 540 The simple interest is of Rs. 540. ━━━━━━━━━━━━━━━━━━━━━━━━━━ |
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