Question

calculate the simple interest on rs 5000 for 3 years at the rate of 12% per annum also find the amount to be paid at the end of 3 years​

Answer 1

Answer

SI = 1800

Amount= 6800

Step by step explaination

p = rs 5000

t= 3 yr

r = 12 p.a

therefore SI = prt/100

$\frac{5000 \times 12 \times 3}{100} \\ 50 \times 12 \times 3 \\ 1800$

so ,

Amount = P +SI

5000+1800

6800