Math, asked by Veenaaggarwal, 2 months ago

Find the amount to be paid at the end of 5 years if principal is rs 1000 at 6% per annum

Answers

Answered by bjdj

2

Step-by-step explanation:

Principal (P) = Rs 1000

Rate of interest (R) = 6% p.a.

Time (T) = 5 years

Simple interest = P×R×T÷ 100 = 1000 × 6 ×5 ÷ 100

= Rs 300

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