Question

Rs 3500 in 5years ,at 14 percent p.a

What principal will earn an interest of

Answer 1

the simple interst =
$\frac{3500 \times 5 \times 14}{14} = \frac{245000}{100} = 2450$
the interest is 2450


HOPE IT'S HELPFUL

MARK AS BRAINIEST

Answer 2

Formula of S.I. is PRINCIPLE × RATE × TIME /100
So SI = 3500 × 14 × 5 / 100
= 2800
Hence SI is 2800