Question

sunita deposited RS 8500 in a bank for 3½ years . If the bank pays simple interest at the rate of 8% per annum, how much amount will she receive after the expiry of the period

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Answer 1

Answer:

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Step-by-step explanation:

Principal = RS 8500

Rate = 8 per cent

Time = 7/2 years

S.I. = P ×R ×T / 100

= 8500×8×7 / 100 ×2

= 518

So interest is RS 518

Amount= Principal+ S.I.

= 8500+518 = RS 9018

So Sunita will get rupess 9018 after expiry of peroid

Answer 2

Answer:

$\huge \underbrace \bold { \star answer \star}$

$\bold {principal = 8500}$

$\bold {rate = 8 \: percent}$

$\bold {time = \frac{7}{2} \: years}$

$\bold {s.i = \frac{p \times r \times t \: }{100} }$

$\bold {8500 \times 8 \times 7}$

$\bold { \frac{8500 \times 8 \times 7}{100 \times 2} }$

$\bold { = 518}$

$\bold {so \: interest \: is \: rs \: 518}$

$\bold {amount = principal + s.i}$

$\bold {8500 + 518 = 9018}$

Sunita will get ruppes 9018 expiry of period

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