Question

Amit deposit rupees 4800 in his account the back page and interest of 6% per annum what amount will amit get back after 3 years ​

Answer 1

Step-by-step explanation:

Principal (P) = Rs 4500

Rate of interest (R) = 4% p.a.

Time (T) = 6 months

T =612=12 year (1 year = 12 months)

Simple interest = P×R×T100=4500×4×12100=4500×4×1100×2=Rs 90

Answer 2

$Principal (P) = 4800$

$Rate of Interest (R) = 6$

$Time = 3 yrs$

$SI\: = \: \frac{P \times R \times \: T }{100}$

$SI\: = \frac{4800 \times 6 \times 3}{100 \times 12}$

$SI = 72$