Question

What would be the smple interest obtained on an amount of rs.8930 at the rate of 8% per annum after 5 years

Answer 1

$|solution| \\s .\: i. = > \frac{p \times r \times t}{100} \\ \\ \: \: \: \: \: \: \: \: \: = > \frac{8930 \times 8 \times 5}{100} \\ \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 893 \times 4 \\ = 3572 = > ans$