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Answered

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10,000 is invested at 5% interest rate p.a. Find the amount to be paid after 1 year.​

Sagot :

chibabykalu16

Interest = 500

Step-by-step explanation:

Interest = [tex] \frac{p∗r∗t}{100} \\ [/tex]

p = principal amount , r = rate , t = time

Interest=[tex] \frac{10000 \times 5 \times 1}{100} \\ [/tex]

Interest = 500

therobinboyd

Answer:

interest = RS. 500

Step-by-step explanation:

interest= 100/p*r*t

p∗r∗t

​p = principal amount , r = rate , t = time

interest= 100/10000∗5∗1

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