Question

find the amount and interest of rs5000 kept for 2 years at 7% rate of interest​

Answer 1

Answer:

the amount. is. ₹ 700 hence

Answer 2

Answer:

Given,

Principal = Rs. 5000

Rate = 7%

Time = 2 years

Interest = $\dfrac{P\times R \times T}{100}$

Amount = Principal + Interest

Interest = $\dfrac{5000\times7\times2}{100}$

Interest = Rs. 700

Amount = Rs 5000+700

Amount = Rs 5700

Hope it helps