Question

maansi deposits Rupees 5,000 in her bank account which pays 6 % simple interest per annum find the total amount of her account after 4 years​

Answer 1

Answer:

simple interest = ₹1200

Answer 2

Answer:

Principal = ₹5000

Rate of interest = 6%

Time = 4 years

Simple interest = p*r*t\100

5000*6*4\100=120,000\100=₹1200

Amount=p+I=5000+1200=₹6200