if the principal is RS 1000 the rate of interest is 10% the duration is 6 yrs what would be the simple interest​

if the principal is RS 1000 the rate of interest is 10% the duration is 6 yrs what would be the simple interest​

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2 thoughts on “if the principal is RS 1000 the rate of interest is 10% the duration is 6 yrs what would be the simple interest​”

  1. Given:

    • Principal = Rs. 1000
    • Rate = 10 %
    • Time = 6 years

    What To Find:

    We have to find the simple interest.

    Formula Needed:

    [tex]\it SI = \dfrac{P \times R \times T}{100}[/tex]

    Where,

    • SI = Simple Interest
    • P = Principal
    • R = Rate
    • T = Time

    Solution:

    Using the formula,

    [tex]\sf \implies SI = \dfrac{P \times R \times T}{100}[/tex]

    Substitute the values,

    [tex]\sf \implies SI = \dfrac{1000 \times 10 \times 6}{100}[/tex]

    Cancel the zeros,

    [tex]\sf \implies SI = 10 \times 10 \times 6[/tex]

    Multiply the values,

    [tex]\sf \implies SI = Rs. \: 600[/tex]

    Final Answer:

    ∴ Thus, the SI of the follwing is Rs. 600.

    Reply
  2. Given:

    Principal = Rs. 1000

    Rate = 10 %

    Time = 6 years

    What To Find:

    We have to find the simple interest.

    Formula Needed:

    [tex]\it SI = \dfrac{P \times R \times T}{100}[/tex]

    Where,

    SI = Simple Interest

    P = Principal

    R = Rate

    T = Time

    Solution:

    Using the formula,

    [tex]\sf \implies SI = \dfrac{P \times R \times T}{100}[/tex]

    Substitute the values,

    [tex]\sf \implies SI = \dfrac{1000 \times 10 \times 6}{100}[/tex]

    Cancel the zeros,

    [tex]\sf \implies SI = 10 \times 10 \times 6[/tex]

    Multiply the values,

    [tex]\sf \implies SI = Rs. \: 600[/tex]

    Final Answer:

    ∴ Thus, the SI of the follwing is Rs. 600.

    Reply

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