Question

Anita deposits Rs1000 in a savings bank account.Thebank pays interest at the rate 5./. per annum.what amount can Anita get after one year? Answer​

Answer 1

Answer:

Step-by-step explanation:

principal=1000

rate=5%

time=1 year

interest=(p*t*r)/100

            =(1000*5*1)/100

            =5000/100

            =50

amount=interest +principal

             =50+1000

            =rs.1050

Answer 2

Answer:

given principal amount p=rs 1000 time period t=2 year rate of interest r=5 %p.a we know that p*r*t/100 rs50 1000+50=1050