1.

Sahara deposit 5000 in a bank at 10% rate of interest how much amount will be in her account after 1 year 2 and 3 respectively ​

Answer»

Answer:

1 year = ₹5500

2years =₹6000

3years=₹6500

Step-by-step EXPLANATION:

Principle=5000

Rate of interest =10%

Time period=1 year

Simple interest = P×T×R/100

=5000×1×10/100

=₹500

Now :

Amount = P+I

=₹5000+₹500

=₹5500

Repeat the same process by changing the time PERIODS (2years and THREE years RESPECTIVELY )



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