Hami deposit a sum of rs 2500 in a bank at the rate of 7% per year. Find the amount received by her at the end of 5 year
Answers
Answered by
0
Step-by-step explanation:
Given
Sum = Principal = 2500
Rate = 7%
Time = 5 years
\large\underline {solution}
solution
\fbox \red{1}
1
Simple Interest = \frac{P×R×T}{100}
100
P×R×T
Simple Interest = \frac{2500×7×5}{100}
100
2500×7×5
= 875
The Interset is 875.
\fbox \red{2}
2
Amount = Principal+Interest.
= 2500 + 875
= 3375
Answered by
1
Answer - Rs 3375 .
Step by step explanation -
SI = 2500*7*5/100
SI = Rs 875
Amou
Amount at the end of five years
Rs 2500 + Rs 875
Amount = Rs 3375 .
Similar questions