Question

find amount on rs 70000 for 3 years at the rate on 8 pcpa.​

Answer 1

Step-by-step explanation:

P=70000

R=8

T=3

A=70000(1+8/100)³

70000×108/100×108/100×108/100

=88179.84 ans_

Answer 2

➤ Given :-

Principle :- ₹ 70000

Rate of interest :- 8%

Time :- 3 years

➤ To Find :-

Total amount of the given sum

➤ Formula required :-

${\large \tt \dashrightarrow \orange{\boxed{\tt \gray{Simple \: Interest + Principle}}}}$

➤ Solution :-

First, we should find the value of the simple interest by multiplying the principle, rate and time and then divide by 100

Simple Interest :-

${\tt \longrightarrow \dfrac{70000 \times 8 \times 3}{100}}$

${\tt \longrightarrow \dfrac{\cancel{70000} \times 8 \times 3}{\cancel{100}} = \boxed{\tt 700 \times 8 \times 3}}$

${\tt \longrightarrow 700 \times 24 = \boxed{\tt Rs \: \: 16800}}$

Now,

Total amount :-

${\tt \longrightarrow 16800 + 70000}$

${\tt \longrightarrow Rs \: \: 86800}$

$\Huge\therefore$ The total amount of the given sum is ₹ 86800.

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$\dashrightarrow$ Some related formulas :-

Simple Interest :- ${\boxed{\tt\dfrac{P \times R \times T}{100}}}$

Principle :- ${\boxed{\tt\dfrac{SI \times 100}{R \times T}}}$

Rate of interest :- ${\boxed{\tt\dfrac{SI \times 100}{P \times T}}}$

Time :- ${\boxed{\tt\dfrac{SI \times 100}{P \times R}}}$