Question

if principal =Rs8000 , period =5 year , rate =7 p.c.p.a find the simple intrest and amount​

Answer 1

Answer:

principal = ₹8000

Time = 5 years

Rate = 7% per annum

S.I = P×R×T/100

= 8000×5×7/100

= 400×5

= 2000

Amount = S. I + principal

= 2000+8000

= 10000