Question

find amount p = 1200 r = 4% p. a. n = 2 years
plz solve this question ​

Answer 1

I=P×R×T/100

I=1200×4×2/100

I=12×4×2

I=96.

(Interest = I, Amount = A)

A= P +I

A= 1200 + 96

Therefore, Amount =1296.

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Answer 2

Answer:

1296

Step-by-step explanation:

we know that,Principle(P)=1200

Rate. (R)=4%

Time. (T)=2years

By using formula;

Simple interest (SI)=P×T×R÷100

=1200×2×4÷100

= 9600÷100

= 96

Now, according to the question,

Amount=Principle+Simple interest

= 1200+96

= Rs 1296