A sum of Rs $2500$ is invested at a rate of $5 %$ per annum for a term of $5$ years. Find the simple interest received at the end of the term.

1250

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625

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1200

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1500

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Solution

The correct option is B $625$
$\Rightarrow$ Here, $P = R s .2500, R = 5 %, T = 5 y e a r s$ .
$\Rightarrow$ $S i m p l e I n t e r e s t = \frac{P \times R \times T}{100}$
$\Rightarrow$ $\frac{2500 \times 5 \times 5}{100}$
$\Rightarrow$ $25 \times 25$
$∴$ $S i m p l e I n t e r e s t = R s .625$

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A sum of Rs 2500 is invested at a rate of 5% per annum for a term of 5 years. Find the simple interest received at the end of the term.

The correct option is B 625⇒ Here, P=Rs.2500,R=5%,T=5years.⇒ SimpleInterest=P×R×T100⇒ 2500×5×5100⇒ 25×25∴ SimpleInterest=Rs.625

A sum of Rs $2500$ is invested at a rate of $5 %$ per annum for a term of $5$ years. Find the simple interest received at the end of the term.

The correct option is B $625$
$\Rightarrow$ Here, $P = R s .2500, R = 5 %, T = 5 y e a r s$ .
$\Rightarrow$ $S i m p l e I n t e r e s t = \frac{P \times R \times T}{100}$
$\Rightarrow$ $\frac{2500 \times 5 \times 5}{100}$
$\Rightarrow$ $25 \times 25$
$∴$ $S i m p l e I n t e r e s t = R s .625$