Question

Find the S I and amount if a sum of Rs 500 is deposited in the bank for 3 years at 10% per annum S I​

Answer 1

SI = (P×R×T) / 100

SI = (500 × 10 × 3) / 100

SI = 100

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Answer 2

Answer:

S. I. = ₹ 150 ,

Amount = ₹ 650

Step-by-step explanation:

Principle = ₹ 500 ,

Time = 3 years,

Rate of interest = 10% per annum

S. I. = ( Principle * Rate of interest * Time )

= { 500* (10/100)* 3 }

= ( 500 * 10 * 3 ) /100

= ₹150

Amount = P + S. I.

= ₹ 500 + 150

= ₹ 650

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