Question

Identify the principal,interest,rate and year from the following example
Mahesh deposited RS.8650 in a bank at a rate of 6 p.c.p.a. How much money will he get at the end of the year in all?
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Answer 1

Answer:

Principal =8650

interest rate=6%p.a

year=1

Step-by-step explanation:

Simple interest= principal*rate of interest*year

= 8650*6/100*1

=519

Hence, we will get Total amount= Interest+ principal

=8650+519

=9169