Question

rs10000 is investedat 5% intrest rate p.a .find intrest till the end of this year

Answer 1

500 is the interest in the end of the year.

Answer 2

Principal = 10000
Interest = ?
Amount = ?
Time = 1 (Year)
Rate=5%

Now,
A= P(1+R/100)^N
A= 10000(1+/100)^1
= 10500

Now,A=10500
I= A-P
So, 10500-10000=500

Therefore the interest after one year is 500.


Hope this will help you...