Question

Principal = 5000, Rate - 10% p.a., Time = 2.5 year
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Answer 1

Answer:

1250 rupees.

Step-by-step explanation:

Here we have to find the S.I. :-

S. I. = (p*r*t)/100 = (5000*10*2.5)/100 = 125000/100 = 1250.

The S. I. here is ₹1250 .

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Answer 2

Given:

1. Principle = 5000
2. Rate = 10% p.a.
3. Time = 2.5 year

To find:

1. Compound interest
2. Amount

Solution:

We know that the formula for the amount obtained after compound interest is

                                     A = P $(1 + R/100)^{t}$

Where,

A = Amount

P = Principle

R = Rate

t = time

Putting the given values into the formula, we will obtain:

A= 5000$(1+ 10/100)^{2.5}$

A= 5000( 1.268)

A = 6340.4

Compound interest = Amount - Principle = 6340.4 - 5000 = 1340.4

Thus, the amount is 6340.4 and the compound interest is 1340.4.