Find the amount if principal =₹5000, rate of interest =4%, and time

1.	Find the amount if principal =₹5000, rate of interest =4%, and time =1 year
Answer» Answer: Rs. 5200 Step-by-step EXPLANATION: Principal = Rs. 5000 Rate = 4% Time = 1 year SI = PRT/100 SI = (5000 × 4 × 1)/100 After cancelling zero, SI = 50 × 4 SI = Rs. 200 Amount = Principal + Simple interest Amount = Rs. 5000 + Rs. 200 Amount = Rs. 5200

Find the amount if principal =₹5000, rate of interest =4%, and time =1 year

Answer»

Answer:

Rs. 5200

Step-by-step EXPLANATION:

Principal = Rs. 5000

Rate = 4%

Time = 1 year

SI = PRT/100

SI = (5000 × 4 × 1)/100

After cancelling zero,

SI = 50 × 4

SI = Rs. 200

Amount = Principal + Simple interest

Amount = Rs. 5000 + Rs. 200

Amount = Rs. 5200