Answer:

Explanation:

Given :

• Principal (P) = Rs. 5000
• Time (t) = 3 years
• Rate of interest (R) = 11%

To Find :

• The amount received by him at the end.

Formula to be used :

• Simple interest = P × R × t/100
• Amount = Principal + Simple interest

Solution :

★Simple interest,

S.I = P × R × t/100

⇒ S.I = 5000 × 11 × 3/100

⇒ S.I = 50 × 33

⇒ S.I = Rs. 1650

★Amount,

A = P + S.I

⇒ A = 5000 + 1650

⇒ A = Rs. 6650

Hence, The amount received by him at the end is Rs. 6650.