find amount when fuincipal
is 50ooirate is 10% time is
9 5 yas applying simple intust?
Answers
Answered by
10
Correct Question:
Find the amount when the principal is Rs. 5000, the rate is 10 % and time is 9.5 years by applying the simple interest formula.
Given:
- Principal = Rs. 5000
- Rate = 10 %
- Time = 9.5 years
What To Find:
We have to find -
- Amount
Formula Needed:
Solution:
- Finding the SI.
Use the formula,
Substitute the values,
Cancel the zeros,
Multiply the values,
- Finding the Amount.
Use the formula,
Substitute the values,
Add the values,
Final Answer:
∴ Thus, the amount is Rs. 9750.
Answered by
275
Correct Question :
- Find the amount when the principal is Rs. 5000, the rate is 10 % and time is 9.5 years by applying the simple interest formula.
Given :
- Principal (P) = Rs. 5000
- Time (T) = 9.5 years
- Rate (R) = 10%
To Find :
- Amount
Solution :
Finding simple Interest
⟹ SI = P × R × T/100
⟹ SI = 5000 × 9.5 × 10/100
⟹ SI = 50000 × 9.5/100
⟹ SI = Rs. 4750
Now, Finding Amount
⟹ Amount = P + SI
⟹ Amount = 5000 + 4750
⟹ Amount = Rs. 9750
∴ Required Amount is Rs. 9750
Similar questions
Social Sciences,
2 months ago
Math,
2 months ago
Math,
2 months ago
Social Sciences,
4 months ago
Geography,
4 months ago
English,
11 months ago