Question

per annum for 5 years
(ii) final amount is Rs 2420 at 5% per annum simple interest​

Answer 1

$\huge \mathfrak \red{\dag~~~Given :}$

Principal = Rs. 2420

Rate = 5%

Time = 5 years

$\huge \mathfrak \green{\dag~~~Solution :}$

Simple Interest = $\rm \frac{P × R × T}{100}$

SI = $\frac{2420×5×5}{100}$

SI = Rs. 605

Answer 2

Step-by-step explanation:

12100 is the answer of this question