Verified answer

Answer:

1

Explanation:

si = 100 x 2 x 0.5÷100

si = 1

Answer:

Given :-

• A sum of Rs 100 at 2% for 6 months.

To Find :-

• What is the simple interest ?

Solution :-

Given :

➢ Principal = Rs 100

➢ Rate of Interest = 2% per annum

➢ Time Period = 6 months = 6/12 years

According to the question by using the formula we get,

[tex]\implies \sf\boxed{\bold{S.I. =\: \dfrac{P \times R \times T}{100}}}\\[/tex]

[tex]\implies \sf S.I. =\: \dfrac{100 \times 2 \times \dfrac{6}{12}}{100}\\[/tex]

[tex]\implies \sf S.I. =\: \dfrac{\dfrac{1200}{12}}{100}\\[/tex]

[tex]\implies \sf S.I. =\: \dfrac{100}{100}\\[/tex]

[tex]\implies \sf\bold{\underline{S.I. =\: Re\: 1}}\\[/tex]

∴ The simple interest or S.I. is Re 1 .

[tex]\rule{200pt}{4pt}[/tex]

★ Extra Information ★

❒ Simple Interest Formula :

[tex]\leadsto \sf\boxed{\bold{S.I. =\: \dfrac{P \times R \times T}{100}}}\\[/tex]

❒ Principal Formula :

[tex]\leadsto \sf\boxed{\bold{P =\: \dfrac{100 \times S.I.}{R \times T}}}\\[/tex]

❒ Rate of Interest Formula :

[tex]\leadsto \sf\boxed{\bold{R =\: \dfrac{100 \times S.I.}{P \times T}}}\\[/tex]

❒ Time Period Formula :

[tex]\leadsto \sf\boxed{\bold{T =\: \dfrac{100 \times S.I.}{P \times R}}}\\[/tex]

❒ Amount Formula :

[tex]\leadsto \sf\boxed{\bold{Amount =\: P + S.I.}}\\[/tex]

where,

• S.I. = Simple Interest
• P = Principal
• R = Rate of Interest
• T = Time Period