Question

find the amount if principal =₹5000, rate of interest =4%, and time =1 year

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Answer 1

Answer:

Rs. 5200

Step-by-step explanation:

Principal = Rs. 5000

Rate = 4%

Time = 1 year

SI = PRT/100

SI = (5000 × 4 × 1)/100

After cancelling zero,

SI = 50 × 4

SI = Rs. 200

Amount = Principal + Simple interest

Amount = Rs. 5000 + Rs. 200

Amount = Rs. 5200