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A sum of Rs. 5050 becomes Rs _____on 5% per annum simpleinterest after 3 yrs. |
Answer» A sum of Rs. 5050 BECOMES Rs 5807.5 on 5% per annum SIMPLE interest after 3 yrsStep-by-step EXPLANATION: GIVENPrincipal = ₹5050 Rate = 5% per annum Time = 3 years ___________________________TO FINDA sum of Rs. 5050 becomes Rs _____ on 5% per annum simple interest after 3 yrs ___________________________Simple InterestWe KNOW that, Simple Interest = Principal × Rate × Time / 100 Simple Interest = 5050 × 5 × 3 / 100 Simple Interest = 75750 / 100 Simple Interest = 757.5 Simple Interest = ₹757.5___________________________AmountAmount = Principal + Simple Interest Amount = 5050 + 757.5 Amount = 5807.5 Amount = ₹5807.5A sum of Rs. 5050 becomes Rs 5807.5 on 5% per annum simple interest after 3 yrs |
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