Question

If a loan of rupees 5000 is taken at a rate of simple interest of 5% P.A for 6 months then let us write by calculating the interest and the amount​

Answer 1

Answer:

Rs. 5125

Step-by-step explanation:

P = Rs.5000

R = 5%

Time = 1/2 years

Now,

I = (PTR)/100

 = (5000*5*1)/(100*2)

= (25000)/200

= Rs. 125

At Last,

Amount = P+I

              = Rs. 5000+ Rs. 125

              = Rs. 5125