### Discussion :: Simple Interest - General Questions (Q.No.6)

Answer Me said: (Jun 25, 2010) | |

Can someone please explain why we sub 12500 from 15500 ? |

Priyanka said: (Nov 29, 2010) | |

@answer me To get amount of S.I. for four years.. |

Juhi said: (Jul 4, 2011) | |

Amount = principal + simple interest. Dats why we subtracted amount and principal to have the simple interest. |

Yeswanth said: (Jul 30, 2011) | |

Still I deosn't understand why we have to consider SI as sub 1550 from12500. |

Abhishek said: (Aug 1, 2011) | |

Is it like Amount= P + S.I Amount= P + (P*T*R)/100 ? |

S.Gowthami said: (Aug 12, 2011) | |

In that question we are having 3 rate values,so we substitue one by one values then we get the corrct values.for example: p=12500 n=4 r=3 or 4 or 5 or 6 If we sub:3 12500*4*3/100=1500 1500+12500=14000,we are not getting the correct amount value then We sub another, 12500*6*4/100=3000 3000+12500=15500, Now we got the correct value. |

Aayush Bhatnagar said: (Sep 13, 2011) | |

The calculation used to calculate rate gives out 30 as the answer. [(3000 x 100)/(12500 x 4)] = 30. NOT 6. Can anyone throw a light on this? |

Jenson said: (Sep 23, 2011) | |

A boy saves Rs.4.65 daily. Find the least number of days in which he will be able to save an exact number of rupees. Can anyone get me answer for this ? |

Karuna said: (Sep 28, 2011) | |

"R" means what? |

Ruturaj said: (Nov 4, 2011) | |

He calculation used to calculate rate gives out 150 not 6. |

Gayu said: (Jul 7, 2012) | |

Here, 6 is the correct answer. 15500-12500=3000. Formula: SI=PNR/100. 3000=12500*4*R/100. 3000*100/12500*4=R. 300000/50000=R. R=6%. |

Pandu said: (Feb 22, 2013) | |

Here SI=PTR/100 So, SI=15500-12500=3000. P=12500, T=4YER, SO 3000=12500*4*R/100, i.e R=3000/500= 6% answer. |

Johny said: (Apr 25, 2013) | |

Why should we subtract 15500 from 12500? |

Rajesh said: (May 17, 2013) | |

We have a 12500 amount & after 4 year, we get 15500 amount so total. Profit amount or S.I in 4 Year is 3000. Now use the Formula:. S.I = (P*R*T) /100. |

Hemant said: (Jun 26, 2013) | |

A boy saves Rs.4.65 daily. Find the least number of days in which he will be able to save an exact number of rupees. Can anyone get me answer for this ? Its 20 days. |

Jyothi said: (Jul 10, 2013) | |

In question I unable to identify which is amount and which is principal please help me. What is the difference b/w amount and principal? |

Suvarna said: (Jul 24, 2013) | |

6% interest amount for 12500 is 12500/100 *6 =750. It is for 4 years thats why 12500+750+750+750+750 = 15500. |

Arif said: (Oct 30, 2013) | |

Simple interest = 15, 500-12, 500 = 3000. So we compare with options which is given: Simple interest = P*t*r/100; 3000 = 12500*4*?/100; 3000 = 125*4*3. 3000 = 1500 //not equal,then multiply by 2. 3000 = 1500*2. 3000 = 3000. It means first we take 3% of rate we get 1500 simple interest ,then multiply by 2 means that multiply by 2 with 3% of rate that is 6%. So, the answer is 6%. |

Gyanendra Parihar said: (Nov 8, 2013) | |

Total amount after 4 year is 15500 and before including interest amount is 12500 thus it is clear the interest is. 15500-12500 = 3000. If 3000 is 4 year interest than what should be one year interest. 3000/4 = 750. Now, 12500 is 100 percent than 750 is how many percent of 12500. (750X12500) /100 = 6%. |

Sana said: (Jan 13, 2014) | |

Why subtraction take place? principle & amount is equal? |

Nikhil said: (Sep 28, 2014) | |

Hi. Why we took 12500 as principal? |

Junaid said: (Dec 6, 2014) | |

By using the formula: I = P R T/100. I = 15, 500-12, 500 = 3000. 3000 = 12, 500*R*4/100. 3000*100 = 12, 500*4 R. 300000 = 50000 R. R = 300000/50000. R = 6%. |

Gopal said: (Jan 16, 2015) | |

Why we take P = 12500 any why not 15500? |

Suyog said: (Feb 21, 2015) | |

When we do following steps: 3000*100/12500*4=96. We get 96 as a answer, then how 6% is your answer? Just explain me in detail. |

Dozie said: (Jul 9, 2015) | |

S.I per annum = (15500-12500)/4 = 750. Rate = (S.I*100)/(P*T). = (750*100)/(12500*4). = 75000/50000 = 1.5. Since interest is for four years, multiply by 4, thus; 1.5*4 yrs = 6. Therefore are (rate) = 6%. |

Shri said: (Jul 24, 2015) | |

4.65*10 = 46.5. 46.5*2 = 93. Hence 20 days. |

Namit Kumar said: (Aug 19, 2015) | |

Friends its very simple. 15500-12500 = 3000 /4 = 750. 750*100/12500 = 6%. |

Vijayalaxmi said: (Aug 26, 2015) | |

Here. P = 12500. T = 4 years. Amount = S.I+P. S.I = Amount-P. S.I = 15500-12500 = 3000. R = 100*S.I/P*T = 100*3000/12500*4 = 6%. |

Raji said: (Dec 25, 2015) | |

12500*6% = 750. 750*4 = 3000. 12500+3000 = 15500. |

Rajesh said: (Dec 25, 2015) | |

--> 12500*6% = 750. ---> 750*4 = 3000. ---> 12500+3000 = 15500. Answer: 6%. |

Sarath said: (Jul 17, 2016) | |

I think Rajesh method is correct. |

Salimjoy said: (Oct 10, 2016) | |

What means PTR and SI? |

V.N.Hari said: (Nov 8, 2016) | |

To get simple interest from total money after four years (complete period) we need to subtract 12500 from total money. |

Diptiranjan said: (Jun 7, 2017) | |

It is like: 15500-12500 = 3000, 1% of Principal = 125, 3000/125=24% for 4 years. For 1 year = 24/4 = 6%. |

Kshiroda said: (Dec 6, 2017) | |

To get simple interest we have to multiply principal *rate*time/100. |

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