a) ₹180 & ₹5180
b) ₹280 & ₹5280
c) ₹100 & ₹5080
d) ₹380 & ₹4180
correct answer is: a) ₹180 & ₹5180
Explanation
Here,
Principal(P) = ₹5000
Rate(R) = 9 %
Time(T) = 146 days or \large\frac{146}{365} years
We know, S.I. =\large\frac{P\times R\times T}{100}
\therefore S.I. =\left(\large\frac{5000\times9\times146}{365\times100}\right)
\rightarrow S.I. = ₹180
\therefore Simple Interest = ₹180
We also know,
Amount = (Principal + Simple Interest)
\therefore Amount =₹\left(5000+180\right)
\rightarrow Amount =₹5180
Ans: Simple Interest ₹180 and Amount ₹5180.
Other ways to phrase this particular query are:
- What is the simple interest and total amount when ₹5000 is invested at a 9% annual rate for 146 days?
- How to compute the simple interest and total amount after investing ₹5000 at a 9% annual rate for 146 days?
- Finding the simple interest and total amount earned on a principal of ₹5000 invested at a 9% annual rate for 146 days.
- How to calculate simple interest and total amount when the principal is ₹5000, the annual interest rate is 9%, and the time period is 146 days?