Question

what is the simple interest and time relationship table to make year wise for 5 year is Ashok deposited rupees 10000 in a bank at the rate of 8% per annum​

Answer 1

Answer:

We Know,

S.I. = Pnr/100

Given,

n=5yr=5×12=60months

r=8%

P=10000

Therefore,

S.I.,

$= \frac{pnr}{100} \\ = \frac{10000 \times 60 \times 8}{100} \\ = 100 \times 60 \times 8 \\ = 48000$

= Rs. 48000