Question

the village contributed and deposit RS 5000 for one year at 7% a fixed deposit for daughters amount Rahul the amount Rahul will get after 1.year​

Answer 1

Answer:

Interest = 5,000x 7/100 x 1 = 350 Rs

Amount = 5000 + 350 = 5,350 Rs.

Amount =

Answer 2

The amount that Rahul will get is  5350 Rs

Given:

The amount that village contributed and deposit = RS 5000

The rate of the fixed deposit  R = 7%

The time period given T = 1 year

To find:

The total amount will Rahul get at end of 1 year

Solution:

From given data,

The principal amount P =  Rs 5000

The rate of interest R = 7%

The time period given T = 1 year

As we know the formula for Simple interest (I) = PTR/100

⇒ I = $\frac{5000(1)(7)}{100}$ = 50(7) = 350 Rs

The total amount = Principal amount + Interest

= Rs 5000 + Rs 350 = 5350 Rs

The amount that Rahul will get =  5350 Rs.

#SPJ2