Question

calculate the amount to be paid at the end of 5 yrs for a principal of rs 5000 at 4 percentage per annum

Answer 1

Answer:

Simple Interest -

$= \frac{time \times rate \times principal}{100} \\ \\ = \frac{5 \times 5000 \times 4}{100 } \\ \\ = 5 \times 50 \times 4 \\ \\ = 20 \times50 \\ \\ = ₹1000$

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Amount -

$\bold{simple\:interest+principal}$

= 5000+1000

= ₹6000

Answer 2

Answer:

$s.i. = \frac{time \times rate \times principal}{100} \\ \\ = \frac{5000 \times 4 \times 5}{100} \\ \\ = 50 \times 4 \times 5 \\ \\ = 50 \times 20 \\ \\ = 1000$

Amount =principal +simple interest

ㅤㅤㅤㅤㅤ= 5000+1000

ㅤㅤㅤㅤ= ₹6000