Question

₹750 in 3 years 4months at 10% per annum . Find its SI and amount. Please answer with steps

Answer 1

Step-by-step explanation:

Step-1

if it is written in only years don't follow this step if it is not written in year make it in year

1 year =12 months

3 years and 4 months = 3 4/12 = 3 1/3 =10/3

Step-2

Finding S. I.

Formula used :- P×R×T

100

S. I. = 750×3×10

100

= 225

Amount=225+750

= 975

S. I = 225

Amount= 975

Answer 2

Answer:

(i) Given P = ₹750

Time (T) = 3. 4/12 = 3.1/3

= 10/3 years

Rate (R) = 10%

∴ Interest (I) = PRT/100 = (750 × 10 × (10/3))/100

= (250 × 10 × 10)/100 = ₹250

∴ Amount (A) = P + I = ₹750 + ₹250 = ₹1000