Question

Find amount when principal= 24,000 ,Rate of interest =15 percent time 18 month

Answer 1

Hey...!!!

Principle = 24,000
Rate of interest per annum = 15%
Time = 18 months
= 18/12 years
= 3/2 years

So, S.l = PxTxR /100
= 24000 x 15 x 3/ 100 x 2
= 5400

Amount = P + S.I
= 24000 + 5400
= rs 29400

Hope it helps...!!!