Question

Find the amount when Rs. 5,000 is invested for 2 years at a rate of 10% p.a.C. I

(1) Rs. 6,050 (2) Rs.6,000 (3) Rs.6,500 (4) Rs. 6,400​

Answer 1

Solution

Given :-

• P = Rs. 5,000
• T = 2 years
• R = 10%

Find :-

• S.I. & Amount

Explanation

Using Formula

$\boxed{\underline{\tt{\red{\:S.I.\:=\dfrac{P\times R\times T}{100}}}}}$

Where,

• P = Rs. 5,000
• T = 2 years
• R = 10%

==> S.I. = 5,000 × 2 × 10/100

==> S.I. = 500 × 2

==> S.I. = Rs. 1,000

Now, Calculate Amount

★ Amount = S.I. + P

Keep Value of S.I. & P

Where,

• S.I. = Rs 1000
• P = 5,000

==> Amount = 1000 + 5,000

==> Amount = Rs 6,000

Hence

• Amount. will be = Rs. 6,000

___________________

Answer 2

Step-by-step explanation:

simple interest = p×n×r/ 100

5000×2×10 / 100

1000

Amount = principal + S.I.

5000 + 1000

6000

Answer is 6000

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