Question

At a rate of 8 p.c.p.a, what would be the amount for one year on principal ₹750?​

Answer 1

Given :-

$\bf P = \: \: ₹ \: 750 \\ \bf \: R = 8\% \: p.a.\\ \bf \: T = 1 \: year$

To find :-

Amount of the principle money.

Formula to be used :-

$\large\rm \blue{ \frac{P \times R \times T}{100} =SI }$

$\rm\large\blue{Amount = P + SI}$

$\large{ \underline{ \pmb{\red{Solution :-}}}}$

Given,

P = ₹ 750

R = 8% p.a.

T = 1 year

A/Q

$\bf \: SI = \rm { \frac{P \times R \times T}{100} = \frac{\cancel{750} \: ^ {\cancel{150} \: ^{30}} \times \cancel{8} \: ^{2} \times 1}{\cancel{100} \: _{\cancel{20} \: _{\cancel{5}}}}}$

$\implies{\rm{30 \times 2 = ₹60}}$

$\rm\pink {Amount = P + SI} \\ \rm { \: \: \: \: \: \: \: \: \: \: \: \: \: \: =₹750 \: + \:₹60 } \\ \rm\pink{ \: \: \: \: \: \: \: \: \: \: \: =₹ \: 810 }$

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Hope this helps ｡◕‿◕｡