a sum of rupees 3450 is lent for 2 years at the rate of 3 % per annum . find the interests and also find the amount .
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A Sum of Rs.3450 is lent for 2 years at the rate of 3% per annum. Find the interest and also find the amount.
Answer :-
The Simple Interest is Rs.207 The Amount is Rs.3657
Explanation :-
Given :
Money = Rs.3450
Money lent for = 2 years
= 3% Rate per annum =
To find :
Interest and amount
Interest and amountSolution :
Interest and amountSolution :Principal = Rs.3450
Interest and amountSolution :Principal = Rs.3450Time = 2 years
Interest and amountSolution :Principal = Rs.3450Time = 2 yearsRate per annum = 3%
Interest and amountSolution :Principal = Rs.3450Time = 2 yearsRate per annum = 3%Simple Interest =
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