Math, asked by Anonymous, 4 months ago

find the simple interest on rupees 2500 at 4.5 % per annum for 5 year​

Answers

Answered by aryantiwari22
5

Answer:

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Answered by Blinkarmycarat
0

Here's two ways..

Answer : rs.562.5

Step by step Explanation :

Principal (P) = rs. 2500

Rate (R) = 4.5%

Time (T) = 5 years

Simple interest = (P x R x T) /100

Simple interest = (2500 x 45 x 5) / 1000

Simple interest = 562.5

Hence, the simple interest is rs. 562.5

Step-by-step explanation:

1

st

year

Principal, P=Rs.5000

Time, T=1 year

Rate of interest ,R=6%

∴simple Interest, SI=

100

PTR

=

100

5000×10×6

=Rs.300

∴Amount=P+SI=Rs.5300

2nd year

Principal = Amount of 1st year=Rs.5300

Rate of interest =8%

Time =1 year

∴ Interest =

100

5300×1×8

=Rs.424

∴ Amount =Rs.(5300+424)=Rs.5724

The interest of 2nd year is the required compound interest. So, C.I=rs.424 and the required amount is Rs.5724

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