Question

calculate the amount if principle is 1000,rate is 10 and time is 3.

Answer 1

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Answer 2

we know that,
S.I = P*R*N/100
S.I = 1000*10*3/100
S.I = 300
so, S.I = 300

Now we have to find the amount
as we know
A = P + I
A= 1000 +300
A = 1300
A = 1300
So, the amount is = 1300