Application : 3. Shrabani has got an interest of 45 by depositing some money in the
bank. If the simple interest of the bank is 5% per annum, then let us write, by calculating,
the amount of money deposited by shraboni in the bank..
Answers
Answered by
1
Answer:
900
Step-by-step explanation:
p = ₹k
T=1 year
R= 5% Per year
I= ₹ 45
I=PTR/100
45 = k×1×5/100
45×20 = k
k= 900
the amount of money deposited by shraboni in the bank..=₹ 900
Answered by
3
The amount of money deposited by Shraboni in the bank is ₹900
Step-by-step explanation:
GIVEN
Interest = ₹45
Rate = 5%
Time = 1 year
___________________________
TO FIND
The amount of money deposited by Shraboni in the bank
___________________________
We know that,
Interest = ( Principal × Rate × Time ) / 100
45 = ( Principal × 5 × 1 ) / 100
Principal = ( Interest × 100 ) / ( Rate × Time )
Principal = ( 45 × 100 ) / ( 5 × 1 )
Principal = 4500 / 5
Principal = 900
Principal = ₹900
The amount of money deposited by Shraboni in the bank is ₹900
Similar questions