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ICSE Class 8 Answered

Find the amount earned at the end of 5 years on a sum of Rs.12,000 at a rate of 10% interest per annum.
Asked by daisy_ranii | 15 Mar, 2021, 11:14: AM
answered-by-expert Expert Answer
S I equals fraction numerator P n R over denominator 100 end fraction S I equals fraction numerator 12000 cross times 5 cross times 10 over denominator 100 end fraction S I equals 6000
The total amount earned would be 6000 rupees
The total amount at the end of 5 years is 12000+6000=18000
Answered by Utkarsh Lokhande | 15 Mar, 2021, 12:22: PM

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