Question

Calculate the amount on rs 12000 in 2 years at 5% per annum step by step

Answer 1

Answer:

p= 12000 rupees

t = 2 yrs.

r = 5% p.a.

amount = p(1+RT)

= 12000(1+2x5)

= 12000(1+10)

= 12000 x 11

= 1,32,000 rupees

Step-by-step explanation:

or you can find by first calculating simple interest using formula = pxrxt /100

then amount = principal (p) + interest(i)

Answer 2

➤ Given :-

Principal (P) :- Rs 12000

Time (T) :- 2 years

Rate of interest :- 5%

➤ To Find :-

Total amount at end of 2 years......

➤ Formula :-

${\orange {\bf {\underline {\underline {P×R×T÷100+P}}}}}$

➤ Solution :-

$⇢ \sf \frac{p \times r \times t}{100} + p$

$⇢ \sf \frac{12000 \times 2 \times 5}{100} + 12000$

$⇢ \sf \cancel\frac{120000}{100} + 12000 = 1200 + 12000$

$⇢ \sf13200$

$\Huge\therefore$The total amount is Rs.13200.