Question

At 6 p.c.p.a how much amount one will get on Rs.500 after 1 year

option . 520 ,530 ,550

Answer 1

Step-by-step explanation:

p=500

R=6

y=1

so how much amount one will get

I = P×R×Y ÷ 100

I = 500×6×1 ÷ 100

5×6

= 30

so the intrest is 30

so

amount = principal + interest

= 500 + 30

= 530

so 530 amount will get on rupees 500