manu deposited 1000 rupees in a bank with 5% rate of interest after 1 year low much amount he get
Answers
Answered by
3
Answer:
Principal amount = 1000
Time=1 year
Rate of interest =5%
S.I.
Total amount paid after 1 year = 1000+50
=Rs 1050
Hope it helps you from my side
:)
Answered by
3
Heya user!
P=> principle amount, T => time S. I => simple interest.
P=>1000
T=>1 year
Rate of interest =>5%
To find the S. I :-
✴️Solving :-
= P×R×T /100
= 100×5×1/100
=50
Total amount paid after 1 year = 1000+50
= Rs. 1050.
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Hope it helped ya ✌️
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