A sum of money put at 11% per annum amounts to ₹4491
in 2 years 3 months. What will it amount to in 3 years
at the same rate?
Answers
Answered by
1
Answer:
p =4491
R =11%
T=3
SI = PRT
----------------
100
SI=4491×11×3
---------------
100
SI=1482.03
amount=p + I
4491 + 1482.03
=5,973.03
Answered by
10
Answer:
To calculate the amount after 3 years at first we have to assume the sum of money be P then calculate amount after 3 years. By applying formula we can easily find the amount.
Now calculate principal here:]
Here T=24+3/12=27/12=9/4
Now calculate SI for 3 years:]
Now calculate amount for 3 years:]
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