iii) What will be amount of 8,000 in 5 years at 10% per
annum in simple interest ?
Answers
Answered by
1
p= 8000
r=10%
t=5 yrs
SI = p×t×r/100
=8000×5×10/100
=4000
therefore,
amount = P +SI
=8000+4000
=12000
Answered by
8
Answer:
The simple interest on Rs. 8000 in 5 years at 10% p.a is Rs. 4000.
Step-by-step explanation:
Solution :
Principal = Rs. 8000
Time = 5 years
Rate = 10% p.a
★ SI = (PRT)/100
⇒ SI = (8000 × 10 × 5)/100
⇒ SI = 80 × 10 × 5
⇒ SI = 80 × 40
⇒ SI = 4000
Simple Interest = Rs. 4000.
★ Amount = SI + Principal
⇒ 4000 + 8000
⇒ 12,000
The amount = 12,000
Therefore, the simple interest on Rs. 8000 in 5 years at 10% p.a is Rs. 4000.
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