Question

find the simple interest and the amount on rs5000 at 10percentage per annum for 5 years​

Answer 1

Given :

• Principal (P) = Rs 5000
• Rate (R) = 10% p.a
• Time (T) = 5 years

To Find :

• Simple Interest
• Amount

Solution :

⠀⠀⠀★⠀SI = P × R × T/100

where,

• SI = Simple Interest
• P = Principal
• R = Rate
• T = Time

⠀⟶⠀SI = P × R × T/100

⠀⟶⠀SI = 5000 × 10 × 5/100

⠀⟶⠀SI = 500 × 5

⠀⟶⠀SI = Rs 2500

Now,

⠀⠀⠀★⠀Amount = SI + Principal

⠀⟶⠀Amount = SI + Principal

⠀⟶⠀Amount = 2500 + 5000

⠀⟶⠀Amount = Rs 7500

So, Simple Interest and Amount are ₹2500 and ₹7500 respectively.

___________________

Answer 2

Given :

• Principal = Rs.5000

• Time = 5 years

• Rate = 10%

To Find :

• Simple interest and Amount

Solutíon :

✬ Here in the Question we are given Principal, rate of intrerst and time. We know that Formula of Simple Interest is Principal × Rate × Time/100 and Amount is Principal + Simple Interest. By Putting the values in the formula we can easily find the Simple interest and Amount.

Simple interest = P × R × T/100

• Principal (P) = Rs. 5000

• Time (T) = 5 years

• Rate (R) = 10%

____________

⟾ Simple interest = 5000 × 10 × 5/100

⟾ Simple interest = 50000 × 5/100

⟾ Simple interest = Rs. 2500

Amount = Principal + S.I

⟾ Amount = 5000 + 2500

⟾ Amount = Rs. 7500

Therefore,

• Simple interest is Rs. 2500

• Amount is Rs.7500

____________