Question

Find the interest on rs 500 for a period of 4 years at the %ate of 10 percent per annum Also find the amount to be paid at the end of the period​

Answer 1

Step-by-step explanation:

4yr@10%=40%

So

Interest=40%of500=200

Amount=500+200=700

Answer 2

Answer:

SIMPLE INTEREST =PRT

PRINCIPAL = RS 500

RATE = 8%

TIME =4 YEARS

P×R×T/100

=500×8×4/100

=40×4=160

THEREFORE YOUR S.I.=Rs160

AMOUNT =P×S.I.

=500×160

=660

THEREFORE AMOUNT =Rs 660

HOPE THIS HELPS!

I HAVE THE SAME QUESTION

MY ANSWER IS CORRECT