Respuesta :
Answer:
I'll setup the problem and you can do the calculations
Step-by-step explanation:
The formula for simple interest:
I = P*r*t
I = interest
P = principle or amount invested
r = interest rate per period (period is a year)
t = number of periods
P = 4920
r = .13
t = 8
if you have questions, send a comment
Required solution :
Here we have been provided with the principal , rate of interest and time period for which the sum of rupees is invested.
- Principal (P) = Rs.4920
- Rate (r) = 13%
- Time (T) = 8 years
Now here we know that simple Interest is calculated by the formula,
- [tex]\bf{\boxed{\bf{S.I.\: = \: \dfrac{P \times R \times T}{100}}}} \: \red\bigstar[/tex]
Here in this formula,
- P is Principal
- R is rate of interest
- T is time
Putting there values in the formula,
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{4920 \times 13 \times 8}{100} }[/tex]
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{492 \times 13 \times 8}{10} }[/tex]
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{492 \times 13 \times \cancel{8}}{ \cancel{10}} }[/tex]
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{492 \times 13 \times 4}{ 5} }[/tex]
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{492 \times 52}{ 5} }[/tex]
[tex]\longrightarrow \: \sf{S.I. \: = \: \dfrac{25584}{ 5} }[/tex]
[tex] \longrightarrow \: \sf{S.I. \: = \: \cancel\dfrac{25584}{ 5} }[/tex]
[tex] \longrightarrow \: \orange{\boxed{\bf{S.I. \: = \: 5116.8}}}[/tex]
[tex]\underline{\bf{Henceforth, \: interest \: paid \: is \: of \: Rs.5116.8}}[/tex]