Question

Principal= Rs.50,000, Interest= Rs.6,000. Find the amount​

Answer 1

Explanation:

Amount = principal+Interest

Amount= 50000+6000= 56000

Answer 2

Given:

Principal (P) = 5000 rupees,

Time (T) = 4 years

Total interest (I) = 1200

Rate of interest (R) = I×100P×T

=1200×1005000×4

= 6%

Now, Total interest (I) on 15000 rupees = P×R×T100

=15000×6×4100

= 3600 rupees

Hence, the rate of interest for the same period is 3600 rupees.

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