Question

find the amount, when principal =
₹700, rate 6% per anum and time
= 6 months.
if you ans in copy then will make brainlist.​

Answer 1

Answer:

721

Step-by-step explanation:

principal = 700

rate = 6%

time = 6 months = 1/2 years

so simple interest SI= PRT/100

= 700*1*6/100*2 = 21

so amount = 700+21 = 721

hope it helps:)

Answer 2

Concept

Simple interest on a principal P at the rate of R percent per annum for Time period T is given by

Simple interest = P x T x R / 100

Given

principal = ₹700,

rate = 6% per annum

and time = 6 months

Find

we need to find the amount

Solution

We have

Principal (P) = 700

Interest Rate (R) = 6

Time period (T) = 6/12 [in years]

Simple interest will be given by

P x R x T/ 100

= 700 x 6 x 6/12 x 1/100

= 7 x 6/2

= 42/2

= 21

Thus the simple interest after 6 months will be rupees 21.

Hence, the amount will be

Principal + Interest = 700+21 = 721

Thus, the amount will be ₹721.

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