Question

5. Vijay deposited 12000 for 2 3/5 years at an interest of 15% per annum. What amount does Vijay get after 2 3/5 years?​

Answer 1

Answer:

Here, the given data is principal = Rs. 12,000 , Time period = 2\frac{3}{5} years , and Rate of Interest = 15 % .

As we know that SI=\frac{PRT}{100}.

now put the value of P ,R, T

you will get the value of SI as 4680 Rs.

As we know that amount = SI + Principal

Amount = (4680 + 12000) Rs.

Amount = 16680 Rs. this will be the value amount at the year of 2\frac{3}{5} years.

Step-by-step explanation:

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Answer 2

Answer:

The above is the given answer

Step-by-step explanation:

The explanation is also mentioned in the given attached picture

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