Question

calculate the simple interest on rs 5600 for 3 year at the rate of 12 percent annum. also find the amount to be paid at the end 3 year

Answer 1

S.I=(5600×12×3)/100,

S.I=56×12×3,

S.I=2016,

then
Amount=5600+2016=7616 rs.

Answer 2

$<b>$ Your answer !!

Given :

Principle = 5600 /-

Time = 3 years

Rate = 12 %

Simple Interest = ?

Amount = ?

$= > s.i. = \frac{p \times r \times t}{100} \\ \\ = > s.i. = \frac{5600 \times 12 \times 3}{100} \\ \\ = > s.i. = 56 \times 12 \times 3 \\ \\ = > s.i.= 2016$

=> Amount = Principal + Simple Interest

=> Amount = 5600 + 2016

=> Amount = 7616 /-

Thanks !!