Question

if a man borrows rs 5000 at 6% p..a simple interest, then find the amount he has to return at the end of 5 years​

Answer 1

Answer:

6500

Step-by-step explanation:

NOTE :

Simple interest ( SI ) = ( PTR) / 100

Where P = Principle

T = Time in years

R = Rate of interest

GIVEN :

P = 5000

T = 5 years

R = 6%

SOLUTION :

SI = ( PTR) / 100

SI = 5000*5*6

100

SI = 1500

Amount to be paid = Principle + interest

Amount to be paid = 5000 + 1500 =6500