Question

find the simple interest on 950 for 5 years at 4% per annum. what is the amount at the end of 5 years

Answer 1

Hi friend
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Your answer
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PRINCIPAL = RS 950

TIME = 4 YEARS

RATE OF INTEREST = 4%

SIMPLE INTEREST = (P × R × T)/100

=(950 × 5 × 4)/100

= 19000/100

= RS 190

NOW,
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AMOUNT = PRINCIPAL + SIMPLE INTEREST

= RS (950 + 190)

= RS 1140

HOPE IT HELPS

#ARCHITECTSETHROLLINS

✯ BRAINLY STAR ✯

Answer 2

Hey,
Here is your answer.

> This simple interest is simple ;p

☆ Given :
Rate of interest (R) = 4%
Principal (P)
Time period : 5 years

☆ Simple interest = P×R×T/100
= 950×4×5/100 = Rs.190

☆ Amount : Principal + Interest
= 950+190 = Rs.1140

Hope u get it!!
;)