1.

Supposed to invest 5,000 at 10% simple interest how much money will you have after 5years

Answer»

Given,

P = 5000,

R = 10%,

Time = T = 5 years

S.I. for 5 years = S.I = \(\frac{PRT}{100}\)

\(\frac{5000\times 10\times 5}{100}\)

= Rs. 2500.

Money after 5 years = P + S.I.

= 5000 + 2500

= Rs. 7500.



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