A sum of ₹5000 is lent at 10% per annum simple… - Simple Interest (Mathematics) Solved Question

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Q · Simple InterestEasy · 45s

A sum of ₹5000 is lent at 10% per annum simple interest. Find the interest for 3 years.

TopicSimple Interest

Question Typemultiple choice

DifficultyEasy

Marking+1 / −0.33

Test Duration30 min

Step-by-Step Solution

Every step explained - no skipped algebra.

SI = PRT/100 = 5000×10×3/100 = ₹1500.

Final Answer: Option D - ₹1500.00