Question

Find the amount & simple interest
for 6 months at 4% per annom.
on Rs looo​

Answer 1

Solution:

P = $ 1000,

R = 4% p.a.

T = 6 months = 6/12 years

S.I = (P × R × T)/100 = (1000 × 4 × 1)/(100 × 2) = $ 20

Therefore, A = P + I = $( 1000 + 20) = $ 1020

Answer 2

Answer:

Principle =1000

Rate =4%

Time =1/2year

SI=PXRXT/100

SI=20

amount =1020