Vincent deposited Rs 5000 in a bank at the rate of 10% per annum Draw a linear graph - Maths - Introduction to Graphs

Question

Vincent deposited Rs 5000 in a bank at the rate of 10% per annum
Draw a linear graph to show the relationship between the simple
interest earned and the time

Vijay Kumar Gupta · Accepted Answer

Dear student,

Here, Principal amountP=Rs
5000,  R=10%Simple interest for the 1st year:SI=P×R×T100=5000×10×1100=Rs
500Simple interest for the 2nd year:SI=P×R×T100=5000×10×2100=Rs
1000Simple interest for the 3rd year:SI=P×R×T100=5000×10×3100=Rs
1500

Simple Interest
500
1000
1500

Time
1
2
3

The linear graph between the simple interest and the time is given
below:

Regards

Vincent deposited Rs. 5000 in a bank at the rate of 10% per annum. Draw a linear graph to show the relationship between the simple interest earned and the time.