What will ₹5000 amount to at 8% p.a. for the period from April 6, 2017 to June 18, 2017 ?
Answers
Answered by
24
Answer:
P = Rs 5000
R = 8% p.a
T = 73 days. = 73/365 year
= 1/5 years
As we know the formula
SI = PRT/100
Amount = P + SI
So Amount is Rs 5080
Step-by-step explanation:
Answered by
11
80+5000= RS.5080
Step-by-step explanation:
Firstly We will calculate days between 6april to 18June then the days are 73.
And the formula to finding Simple Interest is PRT/100 then it will be
Simple Interest= PRT/100 5000*8*73/100 = 80
THEN Amount= SI+Principal= 5000+80rs = 5080...
- hence proved.......
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