rs 10000 is invested at 5% interest rate p. a. Find the interest at end of one year. also explain it
Answers
Answered by
32
★ Given :-
- Principal = ₹ 10,000 .
- Rate = 5 % .
- Time = 1 year .
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★ To Find :-
- Simple Interest = ?
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★ Solution :-
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∓ Here, it is given that, Principal is Rs. 10,000 . Rate of Interest is 5 % . Time is 1 year . And, we have to find Simple Interest .
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- Now, let's solve step by step -----
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★ Hence :-
- Simple Interest = Rs. 500 .
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Hope, It'z Help You .... !!
Answered by
10
Answer:
Hey mate
Here your answer
Principle = p
Time =T
Rate = R
Simple interest = S. I
S. I= PxRXT /100
S.I = 10000x 5 x 1 /100
S.I = Rs.500
R. s 500
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