A mother deposits a total sum of Rs 50000 at 5 percent per annum in simple interest for her daughter for 6 years . what amount her daughter will get after 6 years
Answers
Answered by
1
Answer:
given,
principal,p = 50000rs.
rate of interest,r = 5%p.a.
time,t = 6 years
simple interest = prt
= 50000×5/100×6
= 15000 rs.
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Answered by
29
Given :
- Principal = Rs. 50000
- Time = 6 years
- Rate of interest = 5%
To Find :
- Amount that her daughter will get after 6 years .
Solution :
Using Formula :
Putting Values :
So , Her Daughter will get Rs.15,000 after 6 years as interest .
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