Question

find the amount and compound interest p.5000 r.8pcpa 3years​

Answer 1

Answer:

Simple interest = Rs.240/-

Step-by-step explanation:

Given,

principal, p = 5000

Rate, r = 8 %

Time, t = 219 days = \frac{219}{365} = 0.6 years

We know that,

Simple interest = \frac{p\times r\times t}{100}

Simple interest = \frac{5000\times 8\times 0.6}{100}

Simple interest = \frac{24000}{100}

Simple interest = Rs.240/-

MARK AS BRAINLIEST

Answer 2

Answer:

The amount is Rs. 6298.56 and the compound interest is Rs. 1298.56.

Step-by-step explanation:

The formula to compute the amount in case of compound interest is:

$A=P[1+\frac{r}{100} ]^{t}$

Given:

P = Rs. 5000

r = 8% p.a.

t = 3 years

Compute the amount as follows:

$A=P[1+\frac{r}{100} ]^{t}=5000[1+\frac{8}{100} ]^{3}=5000\times (1.08)^{3}=6298.56$

The amount is Rs. 6298.56.

Compute the compound interest as follows:

$CI=A-P=6298.56-5000=1298.56$

The compound interest is Rs. 1298.56.