Question

(3) Arun borrows Rs. 12,000 at 12% p.a.
Find the amount he has to pay
the end of 3 years
plz answer correctly​

Answer 1

Answer:

4320

Step-by-step explanation:

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Answer 2

Answer:

₹16,320

Step-by-step explanation:

Principal= ₹12,000

Rate= 12% p.a.

Time= 3 years

Therefore, Interest(I)= PRT/100

= 12,000×12×3/100

= 4,32,000/100

= ₹4,320

Therefore, amount= ₹(P+I)

= ₹(12,000+4,320)

= ₹16,320

hope it helped :)