Question

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

Answer 1

Answer:

Principal - Rs. 5000

Rate - 7%

Time - 2 years

Interest - P×R×T÷100

Interest - 5000×7×2÷100

Interest - Rs.700

Amount - Principal + Interest

Amount - 5000 + 700

Amount - 5700

Answer 2

Step-by-step explanation:

$\huge{ \pink{ \underline{ \sf{Given: }}}}$

$\: \:$

• Principal : ₹ 5000
• Rate of Interest : 7%
• Time : 2 years

$\: \:$

$\huge{ \pink{ \underline{ \sf{To \: Find : }}}}$

• The amount
• Interest

$\: \:$

$\huge{ \pink{ \underline{ \sf{ Solution: }}}}$

$\: \:$

$\displaystyle{ \sf{ \bf{Interest \: = \frac{P \times R \times T}{100} }}}$

$\: \:$

$\displaystyle{ \sf{Interest \: = \frac{5000 \times 7 \times 2}{100} }}$

$\displaystyle{ \sf{Interest \: = \frac{50 \cancel{00} \times 7 \times 2}{ \cancel{100}} }}$

$\displaystyle{ \sf{Interest \: = 50 \times 7 \times 2}}$

$\displaystyle{ \sf{Interest \: = \red{700}}}$

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$\: \:$

Amount = Principal + Interest

$\mathfrak{ \purple{Amount = ₹5000 + ₹700}}$

$\mathfrak{ \pink{Amount =₹5700 }}$

$\: \:$

__________________

Henceforth ,

$\displaystyle{ \bf{Amount = ₹ 5700}}$

$\displaystyle{ \bf{Interest = ₹700}}$