Question

Find the amount from the investment of rs. 4,500 for two years at 5 paise per rupee interest​

Answer 1

Qᴜᴇsᴛɪᴏɴ :

➥ Find the amount from the investment of Rs. 4,500 for two years at 5 paise per rupee iinterest.

Aɴsᴡᴇʀ :

➥ Amount (A) = Rs. 4950

Gɪᴠᴇɴ :

➤ Principal (P) = Rs. 4500

➤ Time (T) = 2 years

➤ Rate (R) = $\sf{\dfrac{5}{\cancel{100}}\times \cancel{100}}$ = 5%

Tᴏ Fɪɴᴅ :

➤ Amount (A) = ?

Sᴏʟᴜᴛɪᴏɴ :

$\sf{: \implies SI = \dfrac{P \times R \times T}{100} }$

$\sf{: \implies SI = \dfrac{4500 \times 5 \times 2}{100} }$

$\sf{:\implies\underline{\overline{\boxed{\green{\bf{ SI = 450}}}}}}$

Now,

Amount = P + SI

☛ On putting values

$\sf{: \implies}$Amount = P + SI

$\sf{: \implies}$Amount = 4500 + 450

$\sf{: \implies \underline{\overline{\boxed{\purple{\bf{Amount = Rs. \:4850}}}}}}$

Hence, the Amount is 4850.