Question

Aman bootowed Rs 500 for 3 years at the oate for 5% Find his interest and amount​

Answer 1

Amount =principa+simple interest.

=575

Explanation:

Simple =(P*R*T) /100.

=(500*5*3)/100.

=75.

.....

500+75=575

Answer 2

Interest=75

Amount=575

Explanation:

Interest= Principal×rate×time÷100

500×5×3÷100=75

Amount=Principal+Interest

Amount=575

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