Question

1. Find the interest and the amount in the following cases.
a) 310,000 for 3 years at 5% per annum
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Answer 1

Answer:

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Answer 2

Answer:

SI = 46500 and A = 356500

Step-by-step explanation:

Sinple interest = PRT/100

so, 310,000×3×5/100

=3100×3×5

=9300×5

=46500

Amount = Principle + Interest

A = 310,000+46500

Hence A = 3,56,500