Question

You deposit Rs. 200 into a savings account that offers a 5% interest rate. How much interest will
you have earned at the end of 3 years?​

Answer 1

Answer:

30

Step-by-step explanation:

P= 200

R= 5%

T= 3 years

S.I = P×R×T/100

= 200×5×3/100

= 30

Answer 2

Answer:

230

Step-by-step explanation:

P= 200

R= 5%

T= 3 years

S.I = P×R×T/100

= 200×5×3/100

= 30

A=S.I+P

=200+30

=230