Question

find the amount if p=18000 at 6% pa for 5yrs​

Answer 1

Answer:

Finding simple Interest -

$= \frac{time \times rate \times principal}{100} \\ \\ = \frac{18000 \times 6 \times 5}{100} \\ \\ = 180 \times 6 \times 5 \\ \\ = 180 \times 30 \\ \\ = 5400$

So,

Simple interest = ₹5400

ㅤ

Finding Amount-

$\color{black}\boxed{\colorbox{saffron}{Amount+Principal }}$

=18000+5400

= ₹23,400

Answer 2

Simple interest = principal × time × rate

100

= 18000 × 5 × 6

100

= Rs 5400

Amount = Principal + Simple interest

= 18000 + 5400

Amount = Rs. 23,400