1. Principal P = 1000, Rate R = 10, Time T = 2 Years, find SI
Solution:
Principal `P=1000`
Rate of interest `R=10%`
Time `T=2` year
Find `SI`
We know that
`SI=(P*R*T)/100`
`:.SI=(1000 xx 10 xx 2)/100`
`:.SI=200`
2. Principal P = 5000, Rate R = 5, Time T = 3 Years, find SI
Solution:
Principal `P=5000`
Rate of interest `R=5%`
Time `T=3` year
Find `SI`
We know that
`SI=(P*R*T)/100`
`:.SI=(5000 xx 5 xx 3)/100`
`:.SI=750`
3. Principal P = 20000, Rate R = 6, Time T = 1 Years, find SI
Solution:
Principal `P=20000`
Rate of interest `R=6%`
Time `T=1` year
Find `SI`
We know that
`SI=(P*R*T)/100`
`:.SI=(20000 xx 6 xx 1)/100`
`:.SI=1200`
This material is intended as a summary. Use your textbook for detail explanation.
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