Question

amount 5000 rate 8 and time 3years simple interst​

Answer 1

Answer:

p×r×t by 100

5000×8×3 by 100

ans 1200

Answer 2

Step-by-step explanation:

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• Time =3 year
• rate = 8%
• SI = PRT/100 = 5000×8×3/100
• SI=1200

Amount compounded Annually

$= 5000 ( \frac{1 + 8}{100} ) {}^{3}$

$5000 = (\frac{108}{100} ) {}^{3}$

$= \frac{6298560000}{1000000}$

$= rupees \: 6298.56$

CI = $= 6298.56 - 50000 = \: rupees.1298.56$

Difference between interest

= 1298.56 − 1200

= Rs.98.56

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