Question

A man deposited Rs4,500 in a bank which paid him an interest of 11% per annum. how much simple interest will he get at the end of five years?

Answer 1

Answer:

i think that the answer must be 2, 475

Step-by-step explanation:

i got the 11% of 4500 from calculator and then multiplied it by 5 because the time period is 5 years.

I hope that you find this answer helpful.

Answer 2

Answer:

S.I.=P.R.T./100

4500×11×5/100=2475