Question

a person borrowed RS 5000 at the rate of 5% PASI what amount will be after 1 years ?

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Answer 1

Given

Principal (P) = ₹5000

Rate of interest (R) = 5%

Time (T) = 1 year

$si \: = \: \frac{p \times r \times t}{100}$

$si \: = \: \frac{5000 \times 5 \times 1}{100}$

SI = ₹250

Amount = ₹5000 + ₹250 = ₹5250