Question

Sunayana deposited a sum of Rs 2500 in a bank at the rate of 7 % per annum for 5 years.
a.Find the interest of the sum.
b. Find the amount received by him at the end of 5 year

Answer 1

$\huge\bold{\mathtt{\purple{A{\pink{N{\green{S{\blue{W{\red{E{\orange{R}}}}}}}}}}}}}$

$\large\underline {Given}$

Sum = Principal = 2500

Rate = 7%

Time = 5 years

$\large\underline {solution}$

$\fbox \red{1}$

Simple Interest = $\frac{P×R×T}{100}$

Simple Interest = $\frac{2500×7×5}{100}$

= 875

The Interset is 875.

$\fbox \red{2}$

Amount = Principal+Interest.

= 2500 + 875

= 3375

Sunanya received 3375 Rs at the end of 5 years.