Question

Alisha deposited an amount in bank which gives 10% simple interest. If she gets 45000 after 5 years,find the amount deposited by her?

Answer 1

Formula of simple interest :
A = P * (1 + r*t)
P = A / (1 + r*t) (1)

Here given that
r = 10% , t = 5 years & A = Rs. 45000
So filling this data in equation (1) ,
P = 45000 / (1 + (10/100)*5)
P = 45000 / (1 + (1/10)*5)
P = 45000 / (1 + (1/2))
P = 45000 / (3/2)
P = 45000 * (2/3)
P = 90000 / 3
P = 30000

Hence the amount invested by Alisha is
Rs. 30,000

Answer 2

Answer:

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