Principal = P = ₹ 25000, R = 8 p.c.p.a, T = 3 years. Find Simple Int

1.	Principal = P = ₹ 25000, R = 8 p.c.p.a, T = 3 years. Find Simple Interest(I). *
Answer» Answer :- Given :- PRINCIPAL = ₹ 25000 Rate of INTEREST = 8% p.a. Time = 3 years To FIND :- Simple interest, I Solution :- We know that, Simple interest = Principal × Rate of interest × Time / 100 Here, we have principal, rate of interest and time. So, by simply SUBSTITUTING the value, we can find simple interest - → I = P × R × T / 100 → I = 25000 × 8 × 3 / 100 → I = 250 × 8 × 3 → I = 2000 × 3 → I = 6000 Simple interest = ₹ 6000

Principal = P = ₹ 25000, R = 8 p.c.p.a, T = 3 years. Find Simple Interest(I). *

Answer»

We know that,

Simple interest = Principal × Rate of interest × Time / 100

Here, we have principal, rate of interest and time. So, by simply SUBSTITUTING the value, we can find simple interest -

→ I = P × R × T / 100

→ I = 25000 × 8 × 3 / 100

→ I = 250 × 8 × 3

→ I = 2000 × 3

→ I = 6000