Question

principle =5000 r=14.5 t=4 find amount

Answer 1

Given: principal =5000

rate =14.5

time =4

We will first find the interest

Simple interest = ( p × r × t)/100

= ( 5000 × 14.5 × 4)/100

= 2900

Now, we have to find the amount

So, amount = principal + interest

= 5000 + 2900

= 7900

Hence, the amount will be Rs. 7900