Question

please answer the question in copy.
of class V ​

Answer 1

Answer:

given: principal - 5000

rate of interest- 12 pcpa

period- 3 ½ year

solution:

x 12

-------- = -------

5000 100

x = 600

means, interest on 5000 for 1 year will be 600 rupees.

then

600 for 3 ½ year, the amount is ₹2100.

total amount = 5000+2100= ₹7100

cost of almirah is ₹9500

then

9500 - 7100 = ₹2400

₹ 2400 more money he needs