Question

Find the interest and the amount to be paid on ₹5,000 at 4% per annum for 3 years

Answer 1

Step-by-step explanation:

i hope this will be answer

Answer 2

Answer:

Rs 5,600

Step-by-step explanation:

Given,

Principle(P)=Rs 5000

Time(T)=3 years

Rate(R)=4%

Interest(I)=?

Amount(A)=?

Now,

I=PTR/100

  =5000x3x4/100

  =60000/100

  =Rs 600

A=I+P

  =Rs 600+Rs 5000

  =Rs 5600