Math, asked by ladkanibhavik, 1 month ago

Find the amount and interest of 5000 kept for 2 years at 7 % rate of interest.​

Answers

Answered by bsnigdharani1983
7

Answer

P = Rs 5,000

t = 1 year 6 months, so t = 3

r = 8% per annum

C.I=P(1+

100

r

)

t

−P

=P((1+

100

r

)

t

−1)

=5000((1+

100

8

)

3

−1)

=5000(0.2597)

=Rs1298.5(Rs1298.5)

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