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Sagot :
Answer:
$280
Step-by-step explanation:
As per given question we have provided that :
- [tex]\purple\star[/tex] Principal = 1400
- [tex]\purple\star[/tex] Rate = 4%
- [tex]\purple\star[/tex] Time = 5 years
Here's the required formula to find the Simple Interest :
[tex]{\longrightarrow{\pmb{\sf{S.I= \dfrac{PRT}{100}}}}}[/tex]
- [tex]\purple\star[/tex] S.I = Simple Interest
- [tex]\purple\star[/tex] P = Principal
- [tex]\purple\star[/tex] R = Rate
- [tex]\purple\star[/tex] T = Time
Substituting all the given values in the formula to find the Simple Interest :
[tex]\begin{gathered}\qquad{\implies{\sf{S.I= \dfrac{PRT}{100}}}}\\\\\qquad{\implies{\sf{S.I= \dfrac{P \times R \times T}{100}}}}\\\\\qquad{\implies{\sf{S.I= \dfrac{1400 \times 4\times 5}{100}}}}\\\\\qquad{\implies{\sf{S.I= \dfrac{5600 \times 5}{100}}}}\\\\ \qquad{\implies{\sf{S.I= \dfrac{56 \: \cancel{00}\times 5}{1 \: \cancel{00}}}}}\\\\\qquad{\implies{\sf{S.I= 56 \times 5}}} \\\\\qquad{\implies{\sf{S.I= \$280}}}\\\\\qquad\star\underline{\boxed{\sf{\pink{S.I= \$280}}}}\end{gathered}[/tex]
Hence, the simple interest is $280.
[tex]\rule{300}{2.5}[/tex]
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