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Find the simple interest on Rs . 50 for...

Find the simple interest on Rs . 50 for 6 months at the rate of 10 paise per rupee per month
A. Rs. 35
B. Rs. 40
C. Rs. 25
D. Rs. 30

A

A

B

C

C

D

D

B

Text Solution

AI Generated Solution

The correct Answer is:
To find the simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month, we can follow these steps: ### Step 1: Understand the formula for Simple Interest The formula for calculating Simple Interest (SI) is: \[ SI = \frac{P \times R \times T}{100} \] where: - \( P \) = Principal amount (the initial amount of money) - \( R \) = Rate of interest (per annum) - \( T \) = Time (in years) ### Step 2: Identify the values From the question: - Principal \( P = 50 \) Rs - Rate \( R = 10 \) paise per rupee per month. Since there are 100 paise in a rupee, the rate in rupees is: \[ R = 10 \text{ paise} = \frac{10}{100} \text{ Rs} = 0.1 \text{ Rs} \] - Time \( T = 6 \) months. To convert this into years: \[ T = \frac{6}{12} = 0.5 \text{ years} \] ### Step 3: Substitute the values into the formula Now, substitute the values into the Simple Interest formula: \[ SI = \frac{50 \times 0.1 \times 0.5}{1} \] ### Step 4: Calculate the Simple Interest Now, calculate the value: \[ SI = \frac{50 \times 0.1 \times 0.5}{1} = \frac{50 \times 0.05}{1} = \frac{2.5}{1} = 2.5 \text{ Rs} \] ### Step 5: Convert to paisa (if necessary) Since the question might require the answer in paisa, we can convert Rs. 2.5 into paisa: \[ 2.5 \text{ Rs} = 2.5 \times 100 = 250 \text{ paisa} \] ### Step 6: Final Calculation Since the interest is calculated for 6 months at 10 paise per rupee, we can also calculate it directly: \[ SI = 50 \times 10 \text{ paise} \times 6 = 50 \times 10 \times 6 = 3000 \text{ paise} = 30 \text{ Rs} \] ### Conclusion Thus, the simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month is: \[ \text{SI} = 30 \text{ Rs} \] The correct option is D. Rs. 30. ---
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