Question

Find the
Simple interest and amount
1) P- 4000
R- 5%
T - 4 years

2) P - 5000
R - 3%
T - 2years​

Answer 1

Answer:

Step-by-step explanation:

1)

Given :- P- 4000

R- 5%

T - 4 years

To find:-

Simple interest and amount

Solution:-

Principle = 4000

Rate = 5%

Time= 4 years

formula used I = (P *R * T )/100

where I= simple interest

P= principle

R =rate

T time

Amount = I+P

let be assume interest is I and amount is A,

⇒ I = (4000*5*4)/100

⇒ I = 80,000/100= 800

⇒The amount = I+P = 800+4000= 4800

2)

GIven:- P - 5000

R - 3%

T - 2years​

 To find:-  

Simple interest and amount

Solution:-

Principle = 5000

Rate = 3%

Time= 2 years

formula used I = (P *R * T )/100

where I= simple interest

P= principle

R =rate

T  = Time

Amount = I+P

let be assume interest is I and amount is A,

⇒ I = (5000*3*2)/100

⇒ I = 300

⇒The amount = I+P = 300+5000= 5300