find the amount of a loan of Rs. 5000 at 5% per year for 6 years
Answers
Answered by
0
Answer:
Principle = 5000
Time = 6
Rate of interest = 5
Simple interest = 5000×5×6÷100
= 1500
sime interest = 1500
amount = 1500 + 5000 = 6500
amount = Rs. 6500
Similar questions