Question

Find the sum which amounts to Rs 6050 after 2 years at the rate 10%p.a.

please give full solution

Answer 1

Answer:

sum is Rs 5000

Step-by-step explanation:

Answer 2

in my mean the amount after 2yr will be= 7,260

Step-by-step explanation:

first get the interest of the principal amount

because for amount we need the principal amount with the simple interest.

1. interest=principal amount×time×rate of interest/100
2. interest=6050*2*10/100=1210
3. then amount will be=simple interest+principal amount
4. Amount=6050+1210=7,260.

then the amount will be 7,260...