Question

Que-1 Suvidha borrowed a sum of 50,000 rupees at 7 p.c.p.a interest for 2 years from a bank. How much is the interest amount she has to pay to the bank?( class 7th)

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Answer 1

Answer:

principal amount=₹50000

amount per annum=7%

time =2

si =prt/100 =50000×7×2/100

=500×14

=7000

so the si = ₹7000

nd ammount =principal + si=₹50000+₹7000 =₹57000

Answer 2

57000 rupees

Amount of principle =rupees 50000

Amount per annum =7%

Time taken =2 years

=50000*7*2/100

=500*14

=7000

so the amount of si=rupees 7000

the amount of ND =amount of principle +si

=50000+7000

=57000