Question

Swara deposited $20000 in a bank at the rate of 7p.c.p.a. how much interest will she receive after 5years

Answer 1

☆Hello friend☆

S.I.= P×R/100×T
S.I.= $20000×7/100×5
S.I.= $1000×7
S.I.=$7000

Hope it helps

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Answer 2

p=20000
r=7%
t=5
SI=prt/100
=20000*7*5/100
=7000
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