calculates the amount 4000 at 9% per annum for 3 years
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Given: principal =4000
rate = 9%
time = 3 years
We will first find the interest
Simple interest = ( p × r × t)/100
= ( 4000 × 9 × 3)/100
= 1080
Now, we have to find the amount
So, amount = principal + interest
= 4000 + 1080
= 5080
Hence, the amount will be Rs. 5080
Answered by
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As per data given in the question ,
principle
Rate of Interest=%
Number of year
we have to find amount for years so
Rate of Interest%
for simple interest
and total amount
Therefore, 5,080is required amount.
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