Question

10. Calculate the amount if principal - Rs. 1200, Rate of interest - 12% and Time - 4 years.

Answer 1

Answer:

$p = 1200 \\ r = 12\% \\ t = 4 \: yr$

$s.i= \frac{p \times r \times t}{100}$

$= \frac{1200 \times 12 \times 4}{100}$

$= \frac{12 \times 12 \times 4}{1}$

$= 576 \: rs$

$amount \: = p + s.i$

$= 1200 + 576$

$= 1776$