Find si and the amount on 4000 at a rate of interest 5% for 6monts?
Answers
Answered by
1
Step-by-step explanation:
THANK YOU HOPE IT HELPS YOU
Attachments:
Answered by
2
Correct question:
Find simple interest and the amount on 4000rs at a rate of interest per annum 5% for 6months?
To find:
The simple interest
The amount
Given:
- Principle=4000rs
- Rate of interest per annum=5%
- Time=6 months
Solution:
6 months = years
→Simple interest formula:
Simple interest=
Let,Simple interest be SI rs
Finding the simple interest by its formula,
SI =
SI =
SI =
→Formula of amount:
Amount=(Principle + Simple interest)
Therefore,
The amount=(4000 + 100 )rs
=4100rs
Verification:
Therefore,L.H.S=R.H.S
Hence,Verified
Answer:
The simple interest = rs
The amount = rs
Similar questions