Question

1. Riya deposited Rs 16000 in his bank which pays simple interest at 5%

.How much money did he receive at the end of 4 years.​

Answer 1

Given :-

• Principal = Rs,16000
• Rate = 5%
• Time = 4years

To Find :-

• How much money will she receive after 4 years.

Solution :-

${:} \longrightarrow \sf{\sf{Simple\: Interest\: = \: \dfrac{Principal \: \times \: Rate \: \times \: Time}{100} }}$

${:} \longrightarrow \sf{\sf{Simple\: Interest\: = \: \dfrac{16000 \: \times \: 5 \: \times \: 4}{100} }}$

${:} \longrightarrow \sf{\sf{Simple\: Interest\: = \: \dfrac{160\cancel{00} \: \times \: 5 \: \times \: 4}{1\cancel{00}} }}$

${:} \longrightarrow \sf{\sf{Simple\: Interest\: = \: 160 \: \times \: 5 \: \times \: 4 }}$

${:} \longrightarrow \sf{\sf{Simple\: Interest\: = \: 800 \: \times \: 4 }}$

${:} \longrightarrow \sf{\bf{Simple\: Interest\: = \: Rs,3200 }}$

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$\longmapsto \sf{\sf{Amount\: = \: Principal \: + \: Simple \: Interest }}\\\\ \longmapsto \sf{\sf{Amount\: = \: 16000 \: + \: 3200 }}\\\\ \longmapsto \sf{\bf{Amount\: = \: Rs, 19200}}$

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Therefore, She will receive Rs,19200 after 4years

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Answer 2

⭐Given details⭐:

Principal (P) = ₹16000

Time (T) = 4 years

Rate (R) = 5% p.a.

Simple Interest (SI) = ?

SI = P*R*T/100

SI = 16000*5*4/100

SI = 160*5*4

SI = ₹3200

Hence, We Got Simple Interest as ₹3200

Now, Amount = Principal + Simple Interest

A = P +SI

A = ₹3200 + ₹16000

A = 19200

Hence, At the End of 4 years, Riya will receive ₹19200.

!HOPE IT HELPS UH!