Question

Find the amount on Rs.225 for 5 years at 4% per annum.

Answer 1

Given:-

•Principal = 225 rupees

• Time = 5 years

• Rate = 4%

To Find:-

•Amount = ?

Solution:-

Given,

• P = 225rupees
• T = 5years
• R = 4%

As we know,

$\: \: \sf \: simple \: interest = \frac{principal \times rate \times time}{100}$

Now substitute the values

$\: \: \sf \: simple \: interest = \frac{225 \times 4 \times 5}{100} \\ \\ \: \: \sf \: simple \: interest = 45 \: rupees$

Hence,simple interest is 45rupees.

As we know,

$\: \: \sf \: amount = principal + simple \: interest$

Now substitute the values

$\: \: \sf \: amount = 225 + 45\\ \\ \: \: \sf \: amount = 270 \: rupees$

Hence,Amount is 270 rupees.

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Answer 2

Step-by-step explanation:

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