1.

Find the simple interest and compound interest on rs 5000 at the rate of 10% p.a. for 3 years

Answer»

Hey here is your answer

principle = 5000 rs
rate = 10%
TIME = 3 years

simple interest =

\frac{p \: \times \: r \: \times \: t}{100} \\ \\

\frac{5000 \times 10 \times 3}{100} \\ \\ = 1500 \: rs \:
compound interest =

p \: (1 + \frac{r}{100} {)}^{t} - p \\ \\ = 5000(1 + \frac{10}{100} {)}^{3} - 5000 \\ \\ = 5000 \times ( \frac{110}{100} {)}^{3} - 5000 \\ \\ = 5000 \times \frac{110}{100} \times \frac{110}{100} \times \frac{110} {100} - 5000\\ \\ = 6655 - 5000 \\ \\ = 1655 \: rs
HOPE this helps you
plz mark as brainliest answer plzzzzz


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