Question

1. Find the interest and the amount on :
(i) 750 in 3 years 4 months at 10% per
annum.​

Answer 1

Answer:

amount =3750

Step-by-step explanation:

principal = 750

rate = 10%

time = 3 years + 4 months = 40 months

SI = P×R×T

100

SI = 750×10×40

100

SI = 75×40

SI = 3000

amount = principal + simple interest

amount = 750 + 3000

amount = 3750

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