Question

Find the S.I. and amount on Rs. 150 for 4 years at 5% per year.

Answer 1

P = Rs. 150, R = 5% per year T = 4 years

∴ S.I. = ${\displaystyle \frac{\text{P.R.T}}{100}=\frac{150\times 5\times 4}{100}}$ = Rs. 30

and amount = P + S.I.

= Rs. 150 + Rs. 30 = Rs. 180