Question

13 Find the amount directly using the formula A = P 1 +RT/
100 in the following cases.
Principal =3200,Rate (p.a) =7.5%,time=2years
​

Answer 1

Answer:

Given that P = 5000 ; R = 10% and T = 3 years

Given formula is,

A=P(1+RT/1000)

Substituting the values in given formula, we get

A= 5000(1+ 10*3/100)

A= 5000 (1 + 3/10)

A = 5000*13/10

A = 6500

Thus the amount A = Rs 6500

Thank you