Question

in how many years will Rs 5,000 amount to Rs 11,000 at rate of 6% per annum?
pls help
thanks

Answer 1

A renewable resource is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of time in a human time scale. 

Answer 2

Answer:

Principal= 5000

Rate= 6p.c.p.a

No of Years= 1 year

$\small\bf\red{\underline{Simple \: Interest}}= \small\tt\frac{Principal \times Rate \times No. of \: Years}{100} \\ = \small\tt\frac{5000 \times 6 \times 1}{100} \\ = \small\tt\frac{50 \times 6 \times 1}{1} \\ = \small\tt{300} \\ \small\bf\red{\underline{Amount}}= \small\tt{Principal+S.I(simple \: interest)} \\ = \small\tt{5000 + 300} \\ = \small\tt{5300}$