Find the sum which will amount to ru 700 in 5 years at 8% P.A.
please Solve it please help me
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Find the sum which will amount to ru 700 in 5 years at 8% P.A.
please Solve it please help me
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Answer:
700 ka 40%
700-280= 420
Answer:
Rupees 980
Step-by-step explanation:
Simple Interest = Principal × Time × Rate of Interest / 100
Simple Interest = 700 × 5 × 8 /100
Simple Interest = 280
Amount = Principal + Simple Interest
Amount = Rupees 700 + Rupees 280
Amount = Rupees 980