Question

find the interest on Rs 500 for a period of 4 years at the rate of 8% per annum . also find the amount to paid at the end of period​

Answer 1

Answer:

hope it's helpful to you

Step-by-step explanation:

SI=

100

P∗R∗T

=

100

500∗8∗4

=Rs.160

Amount=500+160=Rs.660

Interest =Rs.160, Amount =Rs.660

Answer 2

Answer:

Given Principal amount P = Rs 500

Time period T = 4 years

Rate of interest R = 8% p.a.

We know that simple interest = (P × T × R)/100

On substituting these values in above equation we get

SI = (500 × 4 × 8)/100

= Rs 160

Amount = Principal amount + Interest

= Rs 500 + 160

= Rs 660

Step-by-step explanation:

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