Question

Preeti deposited rupees 5000 in a bank . The bank pays interest at 7½ %per annum .She will receive back ____ rupees after one year from the bank.
What is the answer ?? please give correctly and don't give unnecessarily , I will report that type of unnecessary answers . OK​

Answer 1

Answer:

Here's the solution.

Hope it will help you.

Answer 2

Answer :-

• Preeti will receive back 5375 rupees after one year from the bank.

Given :-

• Preeti deposited Rs 5000 in a bank.

• The bank pays interest at 7 1/2% per annum.

To find :-

• The amount Preeti will receive back from the bank after one year.

Step-by-step explanation :-

• Here, the principal, rate and time are given to us. We have to find the total amount Preeti will receive from the bank. For this, let's find the simple interest first!

We know that :-

$\underline{ \boxed{ \sf SI = \dfrac{Principal \times Rate \times Time}{100} }}$

Where,

• SI = Simple Interest.

Here,

• Principal = Rs 5000.
• Rate = 7 1/2% = 15/2%.
• Time = 1 year.

Therefore,

$\longrightarrow \rm SI = \dfrac{5000 \times 15 \times 1}{2 \times 100}$

$\rm \longrightarrow SI = \dfrac{50 \times 15 \times 1}{2 \times 1}$

$\rm \longrightarrow SI = \dfrac{25 \times 15 \times 1}{1 \times 1}$

$\rm\longrightarrow SI = \dfrac{375}{1}$

$\rm\longrightarrow SI = Rs \: 375$

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Now, we know that :-

$\underline{ \boxed{ \sf Amount = Principal + SI}}$

Where,

• SI = Simple Interest.

Here,

• Principal = Rs 5000.
• Simple Interest = Rs 375.

Therefore,

$\bf \dashrightarrow Amount = 5000 + 375$

$\bf\dashrightarrow Amount = Rs \: 5375$

Hence :-

• Preeti will receive back Rs 5375 from the bank.

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