₹6050 is invested at 5% interest rate p.a .find the interest at end of 2 years
Answers
Answered by
1
6050×5×2
100
605×5×2
10
answer=₹605
amount=6050+605
=₹6655
Answered by
1
Answer:
Rs 605
Step-by-step explanation:
Principle= Rs 6050
Rate per annum = Rs 5%
Time = 2 years
Interest = PTR/100
Interest = (6050 * 2* 5)/ 100
Interest = Rs 605
Amount = Interest + Principle
Amount = 605 + 6050
Amount = 6655
Hope it helps
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