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What is S.I. of Rs. 1800 on 5% per annum...

What is S.I. of Rs. 1800 on 5% per annum for 3 years?

A

270

B

240

C

210

D

230

Text Solution

AI Generated Solution

The correct Answer is:
To find the Simple Interest (S.I.) for the given principal amount, rate of interest, and time period, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the given values:** - Principal (P) = Rs. 1800 - Rate of Interest (R) = 5% per annum - Time (T) = 3 years 2. **Use the formula for Simple Interest:** \[ \text{Simple Interest (S.I.)} = \frac{P \times R \times T}{100} \] 3. **Substitute the values into the formula:** \[ \text{S.I.} = \frac{1800 \times 5 \times 3}{100} \] 4. **Calculate the multiplication in the numerator:** - First, calculate \( 1800 \times 5 = 9000 \) - Then, calculate \( 9000 \times 3 = 27000 \) 5. **Now divide by 100:** \[ \text{S.I.} = \frac{27000}{100} = 270 \] 6. **Final Result:** The Simple Interest is Rs. 270.
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ADDA247-SIMPLE INTEREST AND COMPOUND INTEREST-Basic Questions
  1. What is S.I. of Rs. 1800 on 5% per annum for 3 years?

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  9. The difference between simple and compound interest on sum of 15000 is...

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  11. Find the compound interest on Rs. 12500 at 8% per annum for 9 months c...

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  12. Find the compound Interest on Rs. 32000 at 20% per annum for 1 year, c...

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  13. The difference between C.I.& S.I. on Rs:1700 in 2 years at 5% per annu...

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  14. The difference between the compound and simple interest on a sum of mo...

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  15. If a sum of money doubles itself in 6 years at S.l. then the rate of i...

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  16. What sum lent at 10% per year on S.I. will amount to Rs. 450 in 2 year...

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  17. Nutan invest Rs-22400 on S.I. at rate 12 p.c.p.a. How much amount she ...

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  18. What time taken by sum of Rs. 7000 to became 12250 at the rate of 5% p...

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  19. A sum fetched a total simple interest of Rs. 4450 at the rate of 10% p...

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  20. If the difference between the C.I. compounded half yearly and simple i...

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