Simple Interest Example : Find Rate (R)

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Home > Algebra calculators > Simple Interest example

Simple Interest example ( Enter your problem )

( Enter your problem )

2. Example : Find Principal (P)
(Previous example)

4. Example : Find Time (T)
(Next example)

3. Example : Find Rate (R)

1. Simple Interest SI = 200, Principal P = 1000, Time T = 2 Years, find R

Solution:
Simple Interest `SI=200`

Principal `P=1000`

Time `T=2` year

Find `R`

We know that
`SI=(P*R*T)/100`

`:.R=(SI xx 100)/(P xx T)`

`:.R=(200 xx 100)/(1000 xx 2)`

`:.R=10`

2. Simple Interest SI = 750, Principal P = 5000, Time T = 3 Years, find R

Solution:
Simple Interest `SI=750`

Principal `P=5000`

Time `T=3` year

Find `R`

We know that
`SI=(P*R*T)/100`

`:.R=(SI xx 100)/(P xx T)`

`:.R=(750 xx 100)/(5000 xx 3)`

`:.R=5`

3. Simple Interest SI = 1200, Principal P = 20000, Time T = 1 Years, find R

Solution:
Simple Interest `SI=1200`

Principal `P=20000`

Time `T=1` year

Find `R`

We know that
`SI=(P*R*T)/100`

`:.R=(SI xx 100)/(P xx T)`

`:.R=(1200 xx 100)/(20000 xx 1)`

`:.R=6`

This material is intended as a summary. Use your textbook for detail explanation.
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