Find the simple interest of $25000$ at the rate of $6 %$ for $3$ years.

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Solution

$P = 25, 000 R = 6 T = 3 I = \frac{P R T}{100} I = \frac{25, 000 \times 6 \times 3}{100} = 4, 500$

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Find the simple interest of 25000 at the rate of 6% for 3 years.

P=25,000R=6T=3I=PRT100I=25,000×6×3100=4,500

Find the simple interest of $25000$ at the rate of $6 %$ for $3$ years.

$P = 25, 000 R = 6 T = 3 I = \frac{P R T}{100} I = \frac{25, 000 \times 6 \times 3}{100} = 4, 500$