Question

find amount on rs at 5% per annum for 3 years​

Answer 1

Answer:

rs. 4630.5

Step-by-step explanation:

⇒ Here, we have T=3years,R=5% and S.I.=Rs.600

⇒ S.I.=

100

P×R×T

⇒ 600=

100

P×5×3

∴ P=

5×3

600×100

=Rs.4000.

⇒ Now, taking P=Rs.4000,T=3years and R=5%

⇒ A=P(1+

100

R

)

T

⇒ A=4000×(1+

100

5

)

3

⇒ A=4000×(

20

21

)

3

⇒ A=

8000

4000×9261

=Rs.4,630.50

∴ The required amount is Rs.4,630.50