Question

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

Answer 1

$\underline{\textbf{Given:}}$

$\textsf{Principal, P=Rs.5000}$

$\textsf{Years, n=2}$

$\mathsf{Rate\;of\;interest,\,r=7\%}$

$\underline{\textbf{To find:}}$

$\textsf{Simple interest and amount}$

$\underline{\textbf{Solution:}}$

$\underline{\textsf{Simple interest formula:}}$

$\mathsf{Simple\;interest=\dfrac{Pnr}{100}}$

$\implies\mathsf{Simple\;interest=\dfrac{5000{\times}2{\times}7}{100}}$

$\implies\mathsf{Simple\;interest=50{\times}2{\times}7}$

$\implies\mathsf{Simple\;interest=100{\times}7}$

$\implies\boxed{\mathsf{Simple\;interest=Rs.\,700}}$

$\textsf{Amount=principal+Interest}$

$\textsf{Amount=5000+700}$

$\implies\boxed{\mathsf{Amount=Rs.\,5700}}$

$\underline{\textbf{Find more:}}$

What sum will amount to rs 9520 at 9% pa in 4 years at simple interest?  

https://brainly.in/question/15009640

Answer 2

Answer:

Simplify:Find the amount and interest of RS 5000 kept 2 years at 7% rate of interest.