Find the amount to be paid at the end of 5 years
Principal ₹ 1500 at 10% per annum
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Answer:
P = ₹1500
T= 5 years
R = 10% p. a
Step-by-step explanation:
TO FIND THE AMOUNT FIRST FIND SI ( SIMPLE INETEREST)
SI= PTR/100
= 1500 X 5 X 10/100
= ₹750
AMOUNT = P X SI
= 1500 X 750
= ₹1125000
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