Question

find the intrest on rs 2350 for 5 years at 10% per annum. please with full explanation​

Answer 1

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$\large\underline {Given}$

Principal = 2350

Rate = 10%

Time = 5 years

$\large\underline {Solution}$

Simple Interest = $\frac{2350×10×5}{100}$

= 235×5

= 1175

The Simple Interest of 5 years is 1175.

In this way the Interset of 1 year is 235.

and the Amount is 3525.