Question

FIND THE AMOUNT FROM THE INVESTMENTS OF RUPEES 4500 FOR TWO YEAR AT 5 PAISE PER RUPEE INTEREST​

Answer 1

Given :

Investment of Rs. 4500 at 5 paise per rupee interest for 2 years.

To Find :

Final amount after maturity for 2 years.

Solution :

100 paisa = 1 Rupee

Converting 5 paisa to rupee.

5 paisa = 5/100 = 0.05 Rupee

∵ Interest will be paid per rupee = 0.05 rupee

∴ for 4500 Rs. interest will be paid = 4500 × 0.05

                                                             = 225 Rs.

∴ For two years interest will be = 225 × 2

                                                      = 450 Rs.

Final amount = Principal amount + Interest

                        = 4500 + 450

                        = 4950 Rs.

Final amount from the investment of 4500 Rs. would be 4950 Rs.

Answer 2

Answer:

ANSWER IS 4950RS

Step-by-step explanation:

Given,

Rate = 5/100×100=5%

S.I.=PxRxT / 100

=4500x5x2 / 100

=450RS

A=P+SI

=(4500+450) RS {BRACKET IS OPTIONAL}

= 4950 RS