Find the amount when Rs. 5,000 is invested for 2 years at a rate of 10% p.a.C. I

(1) Rs. 6,050 (2) Rs.6,000 (3) Rs.6,50

2 thoughts on “Find the amount when Rs. 5,000 is invested for 2 years at a rate of 10% p.a.C. I<br /><br />(1) Rs. 6,050 (2) Rs.6,000 (3) Rs.6,50”

1. Step-by-step explanation:

   simple interest = p×n×r/ 100

   5000×2×10 / 100

   1000

   Amount = principal + S.I.

   5000 + 1000

   6000

   Answer is 6000

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2. Solution

   Given :–

   • P = Rs. 5,000
   • T = 2 years
   • R = 10%

   Find :–

   • S.I. & Amount

   Explanation

   Using Formula

   [tex]\boxed{\underline{\tt{\red{\:S.I.\:=\dfrac{P\times R\times T}{100}}}}}[/tex]

   Where,

   • P = Rs. 5,000
   • T = 2 years
   • R = 10%

   ==> S.I. = 5,000 × 2 × 10/100

   ==> S.I. = 500 × 2

   ==> S.I. = Rs. 1,000

   Now, Calculate Amount

   ★ Amount = S.I. + P

   Keep Value of S.I. & P

   Where,

   • S.I. = Rs 1000
   • P = 5,000

   ==> Amount = 1000 + 5,000

   ==> Amount = Rs 6,000

   Hence

   • Amount. will be = Rs. 6,000

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