Question

40,000
Find the simple interest and amount on
at rate of 5% for 6 years.​

Answer 1

Answer:

12000

Step-by-step explanation:

40000×6×5/100

=12000

Answer 2

$\huge\mathtt\red{\underline{Solution:-}}$

Given:-

Principal = Rs. 40,000

Rate = 5%

Time = 6 years

Simple Interest is given by:-

Si = $\dfrac{p×r×t}{100}$

Si = $\dfrac{40000×5×6}{100}$

Si = 12,000 Rs.

Amount is the sum of Simple Interest and Principal.

So,

A = P + Si

A = 40,000 + 12,000

A = 52,000 Rs.

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