Question

principal= 500 rate of intrest=.3.2% simple intrest=64 find the time and amount

plz give full explanation

otherwise it will be reported​

Answer 1

simple intrest

step by step answer has been sent to you

Answer 2

Given :

Principal (p)= ₹ 500

Rate(r) = 3.2%

Simple Interest(S.I) = ₹ 64

$\: Time = \frac{I \times 100}{P × R} \\ \\ ➠ T = \frac{64 \times 100}{500 \times3.2 } \\ \\ ➠T = \frac{6400}{1600} \\ \\ ➠T =4 \: year$

Therefore, Time = 4 year

Now :

Amount = Principal + Interest

= ₹ ( 500 + 64)

= ₹ 564

Therefore, Amount = ₹ 564