Question

Find the interest on rs.500 for 3 years at the rate of 5% per annum

Answer 1

Answer:

S.I. = Rs.75/-

Amount = Rs.575/-

Step-by-step explanation:

Principal = Rs.500/-

Rate = 5%p.a.

Time = 3years

SI = P*R*T/100

SI = 500*5*3/100

SI = Rs.75/-

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