a sum of rs.1200 was lend at simple interest of 5% per annum for a period of 3years what is the amount to be paid at the end of 3years ?
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I=PRT/100
=1200*5*3/100
=180
A=P+I
=1200+180=1380
So amount is rupees 1380
Hope that it helps:))
=1200*5*3/100
=180
A=P+I
=1200+180=1380
So amount is rupees 1380
Hope that it helps:))
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