Question

find the amount from the investment of₹4500 for two years at 5 paise per rupee interest

Answer 1

here 5/100 because

5paise is 5% of 1 rupee
mark it BRAINLIEST

Answer 2

Here is your answer .......

First we have to convert the paisa into rupees ...

Converting 5 paisa to rupee

5 paisa = 5\100

Principal = Rs 4500

Rate of interest = 5\100 per rupees

Time = 2 years

Now We have to take out simple interest by using this formula ......

Simple Interest = Principal × Rate of Interest ×Time \ 100

Then we have to put the values of Principal , Rate of Interest and the Time.......

= 4500 × 5 × 2/100

= Rs 450

Therefore , Simple Interest is Rs 450

Amount = Principal + Simple Interest

= Rs 4500 + Rs 450

= Rs 4950

Therefore the Amount is Rs 4950.

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